XRP News Today: Settlement Buzz Fuels XRP Rally – $3 in Sight? BTC Holds onto $105k

SEC vs. Ripple: Settlement Speculation Triggers XRP Move

The SEC vs. Ripple case took center stage on Tuesday, June 3, as investor focus returned to the SEC and Ripple’s settlement of Judge Torres’ Final Judgment. Rumors of the SEC, Ripple, and Judge Torres reaching an agreement on a settlement circulated across social media. XRP investor The Real Remi Relief posted:

“The SEC, Ripple, & Torres have all come to an agreement/conclusion. From what I understand, Ripple ended up getting a better deal. The announcement will be Friday June 13, 2025. Now even though it’s not 100% confirmed, I’m personally going to prepare as if it is. Buy whatever you can. Once it passes ATHs $3.84 we’ll be in discovery…which means sky is the limit.”

Commenting on his source, Remi added,

“She’s been on the money with every single thing from the original court date, court decision, Doge ETFs, USA Crypto Reserve, Circle, XRP being the layer for all USA banks, etc…and everything else I’ve been told for the last year…all months in advance.”

Crypto enthusiast, known on X (formerly Twitter) as RippleRadar commented:

“Crypto analyst claims Ripple, the SEC, and Judge Torres have reached a deal—final announcement expected Friday, June 13, 2025. Remi, known for accurate calls, hints the Ripple-SEC saga may finally end—and in Ripple’s favor.”

The speculation about a potential settlement drove XRP to a June 3 high of $2.2833. Meanwhile, former SEC lawyer Marc Fagel reacted to Remi’s post, labeling it false.

SEC vs. Ripple Settlement Boosts Chances of an XRP-Spot ETF Approval

Speculation about a settlement fueled bets on the SEC approving an XRP-spot ETF approval by December 2025. According to Polymarket, the odds of an approval sit at 93%, albeit down from a June 2 peak of 98%.

A settlement, lifting the ban prohibiting XRP sales to institutional investors and lowering the $125 million penalty, would expedite an end to the Ripple case. In April, the parties agreed to withdraw their cross-appeal and appeals if Judge Torres granted the settlement terms. If the SEC withdraws its appeal against the Programmatic Sales of XRP ruling, it could approve pending XRP-spot ETF applications.

XRP demand could surge if XRP-spot ETFs launch, potentially giving the token a similar price trajectory to bitcoin (BTC). BTC has gained 126% since the US BTC-spot ETFs began trading on January 11, 2024, and hauled in an impressive $44.25 billion of investor monies.

Amicus Curiae attorney John E. Deaton recently commented on the prospects of an XRP-spot ETF, Deaton stating:

“After the Bitcoin Spot ETF was finally granted (more like demanded – after being forced to fight Gensler’s Bad Faith SEC, which was found to have acted “arbitrary and capricious” in denying one), I said that I had zero doubts about Alt-Coin ETFs eventually following – and not just ETH ETFs – but XRP, SOL and others.”

XRP Price Outlook: Court Filings and ETF News

XRP rallied 2.19% on Tuesday, June 3, building on Monday’s 0.85% gain, closing at $2.2458. Notably, the token outperformed the broader market, which fell 0.30% to a total crypto market cap of $3.27 trillion.

XRP’s near-term trajectory hinges on legal developments and spot ETF-related news.

A breakout above $2.50 could signal a move toward the May 12 high of $2.6553. A sustained move through $2.6553 may bring $3 and the record high of $3.5505 into sight. Conversely, a break below $2.1 could expose XRP to sub-$2 for the first time since April 11.

For a deeper dive, see our full XRP forecast here.

BTC-Spot ETF Outflows Impact Broader Demand

While XRP climbed to a five-day high, bitcoin (BTC) failed to hold onto early gains. Rising trade tensions pulled BTC back from a session high of $106,884. Investors reacted to a US-China flare-up over Beijing delaying exports of rare earth minerals. Trump also announced plans to hike steel and aluminum tariffs from 25% to 50% on June 3, sparking EU threats of a retaliatory response.

Rising tensions and sentiment toward the Fed rate path have impacted demand for BTC-spot ETFs. Recent US BTC-spot ETF market outflows weighed on broader demand, dragging BTC into negative territory on June 3. Issuers reported $1,230.4 million net outflows in the three days to June 2. Notably, BlackRock’s (BLK) iShares Bitcoin Trust (IBIT) saw two consecutive days of outflows for the first time since April 9.

However, investor sentiment improved on June 3. According to Farside Investors, key flows for June 3 included:

• ARK 21Shares Bitcoin ETF (ARKB) reported net inflows of $139.9 million, also ending a six-day outflow streak.
• Fidelity Wise Origin Bitcoin Fund (FBTC) had net inflows of $136.8 million, ending a six-day outflow streak.
• Bitwise Bitcoin ETF (BITB) saw net inflows of $14.5 million.

Excluding pending iShares Bitcoin Trust flows, the US BTC-spot ETF market saw total inflows of $317.1 million, potentially ending its three-day outflow streak.

Bloomberg Intelligence Senior ETF Analyst shared a table of the 25 largest ETFs, stating:

“Here’s a table of the Top 25 biggest ETFs and their age. At 1.4 yrs old IBIT is youngest on the list by NINE times. It’s like an infant hanging out with teenagers and twenty-somethings. Quite poss the most insane IBIT stat yet (and there are many).”

BTC Price Outlook: Trade Developments and ETF Flows

BTC fell 0.44% on June 3, reversing Monday’s 0.12% loss to close at $105,436.

The near-term outlook remains hinged on legislative news, US economic data, Fed policy signals, trade headlines, and ETF flows.

Potential scenarios:

• Bearish Scenario: Rising trade tensions, legislation setbacks, weak US labor market data, hawkish Fed rhetoric, and ETF outflows could drag BTC below $100,000.
• Bullish Scenario: De-escalation in trade tensions, bipartisan support for crypto bills, upbeat US labor market data, dovish Fed cues, and ETF inflows could drive BTC toward the record high of $111,917.

What to Watch

Investors should continue tracking legal developments in the Ripple case, US crypto legislation, key US economic indicators, and Fed commentary. These factors will continue driving sentiment across XRP and BTC, potentially dictating whether the tokens revisit recent highs.

Explore analyst forecasts on where XRP and BTC may head next as legal and political factors unfold.