Spanish Bank Bets Big on Crypto, SEC Waffles Again, and Coinbase Has Fresh Ethereum Drama!

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U.Today curates a delectable sampling of yesterday’s digital dealings—with only a faint scent of scandal and a strong whiff of riches yet-to-be.

XRP ETF from $1.4 Trillion Behemoth Receives SEC’s Time-Honoured Procrastination

The SEC, in its infinite wisdom and even greater love of tea breaks, has delayed once more the fate of Franklin Templeton’s spot XRP ETF. The grand oracle had originally promised a verdict by May 3, then reneged with all the grace of a dowager flapping her fan, and stretched it to June 17. Now, having grown fond of anticipation (and possibly the public’s plaintive cries), our financial gatekeepers have delayed discussions to late July. The commission, of course, refuses to admit this is simply a waltz around commitment and insists it’s “due diligence.” Franklin Templeton, gallant and with several spare billions on hand, sits beside other hopeful suitors like Bitwise and 21Shares, all vying for the ETF’s hand. The betting public consider approval inevitable—eventually. Whether this happens in 2025 or sometime after the fall of Rome, only the SEC’s celestial tea leaves know.

Spanish Bank Whispers Sweet Nothings to Bitcoin

In a move that no doubt leaves Swiss bankers perspiring delicately, BBVA, Spain’s largest financial institution, has emerged from under its pile of euros to recommend Bitcoin and Ethereum to its most aristocratic clientele. “Diversify!” they whisper, fanning the embers of curiosity amongst their clients, suggesting a modest 3% to 7% crypto allocation—just enough to be edgy at cocktail parties, but not enough to frighten the horses. BBVA Switzerland’s digital sage, Philippe Meyer, claims this counsel began as early as September (so ahead of the curve!). This is less tolerance, more a full-fledged affair with crypto, and BBVA is leading the amorous charge, leaving 95% of EU banks to watch longingly from the sidelines, clutching their pearls and artisanal cheeses. BBVA juggles $700 billion and the hopes and dreams of 80 million customers, all eager for a taste of tomorrow’s fortune—hopefully before the next siesta.

Coinbase Throws New Ethereum Tokens into the Arena (Bulls and Bears, Take Your Places!) 🐂🐻

Coinbase, the digital bazaar for coins shiny and strange, has announced the grand arrival of Spark (SPK), a new Ethereum-based token, to its ever-expanding menagerie. Not content to stop the festivities, they’ve also unfurled support for “perpetual futures” on SPK, a phrase which is bound to confuse grandmothers and delight day traders in equal measure. Not to be upstaged, tokens like PancakeSwap (CAKE), Lagrange (LA) and Ethena (ENA) have joined the parade—Wilde would appreciate the sheer theatricality of it all. Whether users wish to buy, sell, convert, or simply gaze wistfully at their crypto holdings, Coinbase’s apps offer ample entertainment and the faint thrill of ruin. Trade responsibly, lest your wallet ends up more tragic than a Victorian novel’s finale. 📱🪙

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2025-06-19 18:54