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Franklin Templeton’s XRP ETF receives NYSE listing approval

Crypto Briefing
Franklin Templeton's XRP ETF, ticker XRPZ, has been approved for listing on NYSE Arca.

Summary

NYSE Arca has officially approved the listing of the Franklin XRP Trust, Franklin Templeton's spot XRP Exchange-Traded Fund, certifying the action to the SEC. The fund will trade under the ticker XRPZ and will carry an annual sponsor fee of 0.19% of net asset value, though this fee will be waived for the first $5 billion in assets until May 31, 2026. This approval positions Franklin Templeton to join other fund managers, like Canary Capital and Bitwise Asset Management, in offering regulated XRP investment products in the U.S. market. Furthermore, Grayscale is also preparing to launch its spot XRP and Dogecoin ETFs tomorrow.

(Source:Crypto Briefing)