The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s spot XRP ETF application to June 17, 2025, citing the need for more time to assess the proposal. Franklin Templeton, the largest asset manager to apply for a spot XRP ETF, joins a growing list of institutional players seeking crypto fund approvals. Analysts say such delays are routine and don’t impact the eventual chances of approval, similar to earlier Bitcoin and Ethereum ETF cases.
There’s no money flow in $ALPACA — yet it keeps rising. The delisting date is near, and it seems like the players are using “us” as exit liquidity — clever move. Those who shorted around 0.2 with low funds and high leverage have likely been wiped out.
That’s exactly why it’s important to analyze what’s actually happening behind the scenes. When the delisting news broke, people rushed to short it thinking it would crash — instead, it pumped 300%. Then again, as delisting got closer, more people shorted expecting a drop — and it jumped another 100%.
That’s how manipulation works — and your portfolio becomes the target.
#ALPACA
{spot}(ALPACAUSDT)
BlackRock, one of the world's largest asset managers, filed to launch DLT shares of its $150 billion Treasury Trust Fund, a money market fund. DLT shares refer to digital shares with ownership tracked using distributed ledger technology.
According to the Form N-1A filed with the Securities and Exchange Commission on Monday, the DLT shares will be sold solely through BNY Mellon. The minimum initial investment by an institution for DLT shares is set at $3 million, with no minimum requirements for further investments.
"Although the Fund does not currently employ blockchain technology or invest in crypto assets, … [BNY] intends to use blockchain technology to maintain a mirror record of share ownership for its customers," the filing explained.
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