XRP Hits 5-Month High Amid Ripple-SEC Settlement Rumors and Bitcoin Mention.

Ark Invest CEO Cathie Wood believes that the SEC is likely to lose the ongoing legal battle against Ripple over the sale of XRP. Recent court rulings appear to favor Ripple, and Wood cites the SEC's recent losses in court as evidence. Wood also commented on the possibility of a Bitcoin spot ETF, calling out the SEC for being inconsistent in approving Bitcoin ETF products. She predicts a favorable ruling for Grayscale's spot ETF in June, which would force the SEC to choose between shutting down the Bitcoin futures product it approved or approving the Grayscale spot ETF.