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XRP (XRP) is weakening as leveraged traders cut exposure, even while XRP-linked products continue to show institutional demand. Key Points: XRP is under pressure as the broader crypto market deleverages. Open interest has fallen, suggesting traders are closing leveraged positions during the pullback

Franklin Templeton filed for two exchange-traded funds that would steer stock dividends into Bitcoin (BTC), with both set to launch as early as Sept. 1. Key Points: Franklin Templeton registered two DRIP-style ETFs that route equity dividends into Bitcoin. The funds track a VettaFi index opening at

Ethereum (ETH) skidded to a 14-week low near $1,814 as spot ETH ETFs bled cash for 16 straight sessions, dragging the $1,800 support zone under fresh strain. Key Points: ETH slipped to a 14-week low near $1,814, pulling the $1,800 support zone into focus. U.S. spot ETH ETFs logged 16 straight sessio

Morgan Stanley disclosed new fee and staking details for proposed Ethereum (ETH) and Solana (SOL) exchange-traded funds in amended S-1 filings. Key Points: Morgan Stanley’s proposed Ethereum and Solana trusts would charge a 0.14% annual sponsor fee. Custodians and staking providers would receive 5%

Fidelity drew fresh Bitcoin ETF demand on Jun. 17, even as U.S. spot funds lost $82.16 million after the Federal Reserve held rates. Key Points: Fidelity’s FBTC posted $14.02 million in net inflows on Jun. 17. U.S. spot Bitcoin ETFs recorded $82.16 million in combined outflows. The Federal Reserve’s