Several significant events have occurred recently in the cryptocurrency world, including plans by major exchanges to delist cryptocurrencies and the launch of a new ETF.
Planned delisting of trading pairs
OKX has announced its intention to delist 16 trading pairs based on user feedback and its token delisting policy. Affected pairs include ALCX/USDT, NULS/USDT, MDT/USDT, among others. The delisting is scheduled for June 20, 2025, from 08:00 to 10:00 UTC. In connection with this, the exchange has already suspended deposits for these assets, urging users to manage or remove their holdings promptly.
Launch of the first XRP ETF in North America
Purpose Investments has announced the launch of North America's first XRP-based ETF. The product will trade on the Toronto Stock Exchange and start its operations on June 18, 2025, after receiving approval from the Ontario Securities Commission. This opens new access for investors to XRP, following a similar ETF launched in Brazil by Hashdex earlier this year.
Surge in interest for Shiba Inu
In the past 24 hours, the price of Shiba Inu has seen a significant reset as market sentiment turned bullish. Open interest for SHIB futures rose by 4.86%. According to CoinGlass data, over 11.46 trillion SHIB worth $147.27 million was committed to SHIB's futures trading, indicating strong confidence in a potential price increase. More than half of the open interest came from traders on Gate.io, committing $83.80 million for 6.09 trillion SHIB tokens.
Thus, recent events in the cryptocurrency markets have attracted the attention of traders and investors. OKX has taken measures to delist certain tokens, while the launch of the new XRP ETF and increased interest in Shiba Inu may influence the future of the cryptocurrency market.
