Well, slap my knee and call me astonished! Franklin Templeton, the ol’ stalwart of the financial world, has finally decided to dip its toes into the wild, woolly waters of crypto with its XRP ETF on NYSE Arca. 🤑 After Ripple’s little tiff with the SEC got settled (in a manner that left everyone scratching their heads and muttering, “What just happened?”), U.S. investors can now get their hands on some regulated XRP action. Hallelujah and pass the blockchain!
- Franklin Templeton’s XRP Trust joins the crypto circus alongside Bitwise, Grayscale, and other high-flyers, offering a regulated XRP investment. 🎪
- This launch comes hot on the heels of Ripple’s August 2025 SEC settlement, which apparently made XRP trading as safe as a kitten in a pillow factory. 🐱
- The ETF promises daily transparency, SEC oversight, and traditional brokerage access-because nothing says “crypto” like a good old-fashioned regulator breathing down your neck. 👮♂️
So, Franklin Templeton launched its XRP exchange-traded fund, the Franklin XRP Trust, on NYSE Arca on Monday, giving U.S. investors a regulated way to dabble in the XRP token. It’s like they finally realized the crypto party was happening without them and decided to show up fashionably late. Better late than never, I suppose. 🕺
The asset manager now joins the likes of Bitwise, Grayscale, and Canary Capital in offering structured crypto products to institutional investors. It’s a regular who’s who of financial heavyweights jumping on the crypto bandwagon. Next thing you know, they’ll be offering horse-and-buggy ETFs. 🐎
Franklin Templeton Goes All-In on XRP ETF
According to the company, Franklin Templeton now manages four crypto ETFs covering bitcoin, ether, XRP, and a diversified digital-asset fund. That’s right, folks-they’re spreading their bets like a gambler at a riverboat casino. 🎲
David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, declared that XRP plays a “foundational role in global settlement infrastructure.” Translation: XRP is the duct tape of the financial world-it holds things together, even if no one’s quite sure how. 🧲
This launch follows the epic legal showdown between Ripple Labs and the SEC, which started in late 2020 when the SEC accused Ripple of selling XRP as an unregistered security. The drama resulted in delistings, market crashes, and enough popcorn for a lifetime. 🍿 Ripple settled in August 2025 by paying a fine without admitting wrongdoing, because nothing says “resolution” like a vague agreement and a fat check. 💼
Roger Bayston, head of digital assets at Franklin Templeton, boasted that the fund offers “regulated custody, daily transparency, and liquidity without the operational complexity of holding the token directly.” In other words, they’re making crypto as boring as a Sunday afternoon nap. 😴
Franklin Templeton’s ETF launched the same day as Grayscale’s XRP ETF, and Bitwise’s XRP ETF launched last week, reportedly attracting more inflows than a fire sale at a candy store. 🍭 The Franklin XRP Trust lets investors get their XRP fix through traditional brokerage channels with SEC oversight, because why have fun when you can have regulations? 📈
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2025-11-25 09:05