XRP ETF From $1.4 Trillion Giant Faces SEC Delay, Major Spanish Bank Endorses Bitcoin, Coinbase Unveils New Listing for Ethereum-Based Crypto Assets: Crypto News Digest by U.Today

Explore key highlights within the Crypto house. This article dives into: “XRP ETF From $1.4 Trillion Giant Faces SEC Delay, Major Spanish Bank Endorses Bitcoin, Coinbase Unveils New Listing for Ethereum-Based Crypto Assets: Crypto News Digest by U.Today”.

U.Today presents the highest three information tales over the previous day.

XRP ETF from $1.4 trillion large faces SEC delay

The SEC has postponed its choice on Franklin Templeton’s spot XRP ETF submitting. Initially, the company was set to announce its choice on May 3, however the deadline was then formally prolonged to June 17. Currently, the SEC has pushed the overview interval into late July and is requesting public feedback earlier than making a ultimate choice. However, the delay shouldn’t be considered as an indication of disapproval however reasonably a part of doing due diligence. Originally submitting its S-1 kind in early March, Franklin Templeton is the largest agency to file for a spot XRP ETF. Other giant gamers that submitted their very own competing XRP filings embody Bitwise and 21Shares. Most anticipate the SEC to approve some spot-based altcoin ETFs by late 2025, with Polymarket bettors very optimistic about XRP ETF approval odds.

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Major Spanish financial institution endorses Bitcoin

As not too long ago reported by Reuters, BBVA, a number one Spanish banking establishment, is advising its rich shoppers to spend money on Bitcoin and Ethereum. Based on their threat tolerance, the shoppers are advisable to allocate from 3% to 7% of their portfolio in cryptocurrencies. Philippe Meyer, head of digital & blockchain options at BBVA Switzerland, stated that they’ve began advising personal clients on Bitcoin since September of final yr. The transfer might be a game-changer for crypto, because it is without doubt one of the first main banks to actively encourage investing in cryptocurrencies reasonably than simply tolerating them. BBVA, Spain’s largest financial institution alongside Santander, manages round $700 billion in belongings and serves roughly 80 million clients worldwide. Most EU banks, about 95%, have but to have interaction with cryptocurrencies.

Coinbase unveils new itemizing for Ethereum-based crypto belongings

According to a current announcement by Coinbase Assets X account, Coinbase is itemizing a brand new Ethereum-based token known as Spark (SPK). The token is now obtainable on Coinbase in addition to the Coinbase iOS and Android cell apps, with the “Experimental” label. The change additionally plans to help Spark perpetual futures on Coinbase International Exchange and Coinbase Advanced. The SPK-PERP markets opened at present, June 19, 2025. This isn’t the one Ethereum-based token Coinbase added help for this month; the checklist additionally contains PancakeSwap (CAKE), Lagrange (LA) and Ethena (ENA). Ethena (ENA) is obtainable on Coinbase and on the Coinbase iOS and Android apps, permitting customers to purchase, promote, convert, ship, obtain or retailer the crypto asset.

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