Franklin Templeton Joins XRP ETF Race, Calling It ‘Foundational’ to Global Finance
Summary
Franklin Templeton has launched the Franklin XRP Trust (XRPZ) on NYSE Arca, providing investors with regulated access to the XRP token and expanding its suite of crypto ETFs which already includes bitcoin and ether products. David Mann of Franklin Templeton stated that XRP plays a "foundational role in global settlement infrastructure." This launch occurs following the settlement of the SEC's lawsuit against Ripple in August 2025, which had previously caused delistings. Franklin Templeton views XRP as a "foundational building block" within a diversified digital portfolio, offering investors custody, transparency, and liquidity without direct token holding complexity. The ETF launch coincides with other recent XRP ETF debuts from Bitwise and Grayscale.
(Source:CoinDesk)