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Crypto exchange Binance and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced on Sept. 10 a partnership to build digital asset initiatives that align blockchain technology with traditional finance. The announcement explains:

The U.S. Securities and Exchange Commission (SEC), in a move that shocked absolutely no one, announced on September 10 that it would extend its review of Cboe BZX Exchange’s proposal for the Franklin XRP exchange-traded fund (ETF). This proposal, submitted on March 13, 2025, has been carefully examined under the BZX Rule 14.11(e)(4), which pertains to commodity-based trust shares-basically a rule that ensures everything is neat and tidy, just as we like it. 😉

Specifically, the FedWatch tool from the CME Group suggests a roughly 10% likelihood of a new target range for rates between 3.75% and 4% following the meeting, based on data collected from various interest rate traders’ activities. This tool is widely recognized as a reliable predictor for these types of meetings.

“Post-effective means that it’s going to launch, basically,” Balchunas nonchalantly told CryptoMoon in a phone interview, a statement so packed with confidence it’s borderline arrogant. Among the glittering lineup are the REX-Osprey Bonk ETF, Trump ETF, Bitcoin ETF, XRP ETF, and, of course, the Doge ETF-because who doesn’t love a dog meme to kick off their investing career? 🐕💰

But hold on, dear reader. This sharp rise, like so many before it, smells like a trap. Investors are clinging to their hopes like a child to a candy bar, but let’s not forget what history has to say about such explosive upward movements.