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The Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s spot XRP ETF, extending the review period to June 17, 2025. Franklin Templeton’s XRP ETF decision postponed by SEC in procedural extension The U.S. Securities and Exchange Commission has postponed its decision on Franklin Templeton’s spot XRP ETF application, setting a new review deadline of June 17, 2025. The ETF, officially known as the Franklin XRP Fund, was filed through Cboe BZX Exchange and initially entered the Federal Register on March 19. The SEC was expected to rule by May 3, but cited the need for additional time to evaluate the proposed rule change and address regulatory issues raised in the filing. Franklin Templeton, which manages over $1.5 trillion in assets, is the largest asset manager so far to seek approval for a spot XRP exchange-traded product. The application follows a surge of interest from institutional players in crypto-based funds, joining similar efforts from Grayscale, Bitwise, WisdomTree, and 21Shares. #AltcoinETFsPostponed

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US President Donald Trump has celebrated the 100th day of his second term in office with a campaign-style speech, touting his achievements and targeting political foes. Hailing what he called a "revolution of common sense", he told a crowd of supporters in Michigan that he was using his presidency to deliver "profound change". Trump has delivered a dramatic fall in the number of migrants crossing illegally into the US, but the economy is a potential political vulnerability as he wages a global trade war. "We've just gotten started, you haven't seen anything yet," Trump told the crowd on Tuesday in a suburb of Detroit. Speaking at the hub of America's automative industry, Trump said car firms were "lining up" to open new manufacturing plants in the Midwestern state. Earlier in the day he softened a key element of his economic plan - tariffs on the import of foreign cars and car parts - after US car-makers warned of the danger of rising prices. At his rally, Trump also said opinion polls indicating his popularity had fallen were "fake". #Trump100Days

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Crude oil prices fell on Tuesday as investors lowered their demand growth expectations due to the trade war between the United States and China, the world's two biggest economies. Brent crude futures fell by 59 cents, or 0.9%, to $65.27 per barrel by 0824 GMT. U.S. West Texas Intermediate crude futures fell 49 cents, or 0.8%, to $61.56 a barrel. "Stalling negotiations between China and the U.S. on trade raises anxiety levels on economic and demand growth prospects once again," said PVM analyst Tamas Varga #AirdropStepByStep

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