Franklin Templeton updates XRP ETF filing, aiming for launch this month
Crypto Briefing
Franklin Templeton updated its XRP ETF filing by removing delaying language, signaling a launch target this month.Summary
Franklin Templeton has updated its S-1 filing for a proposed spot XRP exchange-traded fund (ETF) by removing the 8(a) provision, which can otherwise postpone regulatory effectiveness. This strategic move signals the firm's intent to launch the XRP ETF within the current month. By eliminating this potential delay, Franklin Templeton aligns with other asset managers, such as Canary Funds and Bitwise, who are also making readiness moves for potential near-term XRP ETF debuts pending SEC review and exchange approval.
(Source：Crypto Briefing)