United States Securities and Exchange Commission (SEC) has delayed the review deadline for Franklin Templeton’s listings of spot Exchange-Traded Funds (ETFs) for Solana (SOL) and XRP. The regulator now intends to announce its decision in October 2025 for Solana and November 2025 for XRP, further than originally anticipated. Franklin Templeton,
Blackrock Bitcoin ETF (IBIT) is growing its wings rapidly after culminating Bitcoins in big numbers, recording $266 million inflows on June 16, and it has also hit the $50 billion inflows mark since it was introduced. In the BTC ETF market, IBIT holds around 54% dominance. The data from Trader
European asset manager CoinShares has filed an S-1 form with the SEC to launch a spot Solana ETF. This move places CoinShares alongside seven other major firms seeking approval to offer SOL-based exchange-traded products. The proposed “CoinShares Solana ETF” would track the price of Solana, the sixth-largest crypto by market
Alchemy Pay, a crypto payments provider, is spreading its wings into real-world assets through a new collaboration with a tokenization company, Backed, the firm revealed on June 12. The payments provider has planned to introduce 55 tokenized US exchange-traded funds (ETFs) and stocks on its RWA platform through the collaboration
Canary Capital just got one step closer to launching a staking-based crypto ETF in the United States by setting up a Delaware trust called the Canary Staked INJ ETF, according to its official recent corporate filings. It’s the exciting first big move toward a US-listed exchange-traded fund for the Injective
Bitcoin (BTC) surged to an intraday peak of $108,592.69 before settling at $108,493.79, marking a 2.02% rise over the last 24 hours. With this climb, its market capitalization has expanded to $2.15 trillion, reflecting a daily gain of 2.03%. Meanwhile, trading volume jumped 37.24% to $50.34 billion, pushing the 24-hour
Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
In a landmark development for Ripple’s XRP, the digital asset has been officially added to the Nasdaq Crypto US Settlement Price Index (NCIUS), effective June 2, 2025. This move expands the index beyond its original Bitcoin (BTC) and Ethereum (ETH) components to now include XRP, Cardano (ADA), Solana (SOL), and
The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,
The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct
