OKX Plans to Delist 16 Cryptocurrency Trading Pairs
OKX announced it will delist 16 trading pairs following user feedback and internal guidelines. The affected pairs include ALCX/USDT, ALCX/USD, NULS/USDT, NULS/USD, MDT/USDT, MDT/USD, BORA/USDT, BORA/USD, CTXC/USDT, CTXC/USD, XNO/USDT, XNO/USD, VENOM/USDT, VENOM/USD, RADAR/USDT, and RADAR/USD. Deposits for these tokens were suspended on June 16, 2025. The delisting will occur between 8:00 and 10:00 a.m. UTC on June 20, 2025, while withdrawals will be disabled starting September 20, 2025, at 8:00 a.m. UTC. Users are urged to manage their holdings promptly.
North America’s First Spot XRP ETF Launches June 18
Purpose Investments received approval from Canada’s Ontario Securities Commission to launch the continent’s first spot XRP ETF, set to trade on the Toronto Stock Exchange beginning June 18. This fund offers direct XRP exposure to investors. Earlier this year, Brazil saw its first spot XRP ETF by Hashdex. In the U.S., firms like Franklin Templeton, WisdomTree, and Bitwise have filed for spot XRP ETFs, with Bloomberg suggesting possible SEC approval in the fourth quarter. The launch of CME Group’s regulated XRP futures boosts the odds of U.S. spot XRP ETF approval to 88% this year.
Shiba Inu Futures Open Interest Surges as Price Dips
Shiba Inu saw a price reset over 24 hours amid a bullish outlook. Traders increased their SHIB futures activity, with open interest rising 4.86% to over 11.46 trillion SHIB tokens valued at $147.27 million. Gate.io led with 56.9% of open interest ($83.80 million), followed by Bitget (17.09%, $25.18 million) and OKX (8.52%, $12.55 million). Despite the futures surge, SHIB’s price dropped 5.60% within the same period, trading at $0.00001151 as per CoinMarketCap.