The SEC chair recently shared a notable pro-crypto announcement about exchange-traded products (ETPs) that should have energized the entire digital asset sector. Instead, it became a moment for the XRP Army to express their frustrations about the unresolved Ripple vs SEC lawsuit.
Under a post from SEC Chair Paul Atkins, members of the XRP army quickly filled the replies with questions, not about crypto ETPs, but about when the Commission would drop its appeal against Ripple.
Community Shifts Focus to Ripple Case
One user asked plainly, “What about the Ripple case?” Another pressed the SEC Chair on timing, questioning when the appeal against Ripple would be dropped. Others expressed impatience, with one commenter asking when the XRP lawsuit, which received a ruling unlike many others, would be resolved.
When will you announce the dropping of the appeal against Ripple?@bgarlinghouse @s_alderoty
— Charley Crypto (@Charley57560508) July 29, 2025
While the SEC dismissed many lawsuits, including those against Coinbase, Uniswap Labs, and Gemini, the legal battle against Ripple remains unresolved despite Ripple’s desire to end the legal battle. Another commenter demanded clarity, urging the Commission to stop wasting time and taxpayer dollars.
Some users asked why XRP remains excluded from developments. One commenter called out the SEC for handing Bitcoin and Ethereum free passes while delaying the XRP lawsuit. Many others expressed disbelief that other crypto assets appear to be moving ahead, while XRP remains in limbo.
SEC Approves Broader Crypto Market Reforms
This frustration came in response to bullish news, as the SEC approved orders permitting in-kind creations and redemptions for crypto asset ETP shares, including BTC and ETH.
This represents a departure from the previously mandated cash-only structure for these products. SEC Chairman Atkins stated that this change aligns crypto-based ETPs with other commodity-based vehicles and supports efficiency and cost reduction for investors.
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The SEC also approved a mixed bitcoin-ether ETP, BTC options trading, and higher BTC options limits, advancing its digital asset framework but prompting further questions about the continued exclusion of XRP from similar regulatory consideration.
Countdown to August 15
Despite these advances, XRP supporters remain fixated on the long-running legal case. Ripple has already announced its intent to dismiss its appeal, and CEO Brad Garlinghouse previously suggested that the SEC would do the same.
However, the Commission has not yet made a public statement. According to court schedules, the SEC must file a status report with the appellate court by August 15, prompting many to believe a settlement may come before that date.
For XRP holders, it seems no regulatory breakthrough can distract from their central demand of a clear and final resolution to the SEC’s case against Ripple.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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