"SEC Commissioner's Comments on Bitcoin ETF Approval and the Impact on Bitcoin Price Rally"

Bitcoin price remains range bound below $43,000 despite the approval of BTC ETFs, with SEC Commissioner Hester Peirce noting that the regulator's different treatment of a BTC ETP likely generated fanfare surrounding the approval. The SEC vs Ripple lawsuit ruling states that XRP's classification as a security depends on the transaction, affecting Ripple's legal battle against the SEC and the implications for the broader crypto industry. The ruling offers a partial win for both Ripple and the SEC, but it remains unclear if it will set precedent for other open cases affecting digital assets, and the SEC's stance toward crypto assets is unlikely to change significantly after the ruling.