The SEC recently approved the first XRP futures ETF by ProShares, increasing the likelihood of a spot XRP ETF approval.
However, the SEC has delayed its decision on Franklin Templeton’s XRP ETF until June 17, 2025.
According to journalist Eleanor Terrett, who spoke with Bloomberg ETF analyst James Seyffart, these dates are intermediate, and final decisions on many crypto ETPs are expected in Q4. For the XRP spot ETF specifically, Seyffart is eyeing mid-October, around the 18th, as the final decision deadline.
Seyffart noted that the SEC might act sooner, depending on how actively it engages with the applications.
Tokeny Partners With HBAR Foundation To Drive RWA Tokenization On Hedera!
Tokeny, an institutional onchain operating system for financial institutions, which has powered over $3B in on-chain transactions, has partnered with the HBAR Foundation to bring compliant real-world asset (or RWA) tokenization to Hedera.
Leveraging Tokeny's enterprise-grade platform built on the ERC-3643 standard, institutions can now issue and manage tokenized assets on Hedera’s fast, low-cost, and carbon-negative blockchain.
The collaboration aims to accelerate institutional adoption of blockchain finance, offering streamlined tokenization via white-label platforms and APIs.
I'M GOING LIVE AGAIN BECAUSE IT IS A MANIC MONDAY AND I WILL NOT BE IN DUBAI FOR A PLETHORA OF REASONS
Crypto things you might have missed:
-U.S. banks adopting XRP?! -Urgent updates for LINK HBAR SOL🚨 -Crypto just saw its biggest weekly inflow of the year -ONDO met with the SEC Crypto Task Force -Founders of Trump's DeFi project met with @cz_binance