One of the world\u2019s largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP.<\/p>\n
The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11.<\/p>\n
The filing is the latest in a slew of spot altcoin ETF applications by asset managers, who expect a more receptive approach from the SEC during the Trump administration.<\/p>\n
https:\/\/t.co\/gvX0htbJ3S<\/a><\/p>\n \u2014 Brad Garlinghouse (@bgarlinghouse) March 11, 2025<\/a><\/p>\n\n Franklin\u2019s XRP ETF<\/a> is set for listing on the Cboe BZX Exchange while Coinbase has been appointed as the custodian for the fund\u2019s holdings. In February, Franklin Templeton<\/a> also filed for an ETF that will track the spot price of Solana (SOL).<\/p>\n On March 7, Volatility Shares filed<\/a> three XRP ETF applications: one for a straight spot fund, one for a 2x leveraged XRP fund, and one for a -1x XRP ETF.<\/p>\n There are now 17 XRP ETF filings pending a response from the US securities regulator. They include issuers Bitwise, Grayscale, 21Shares, WisdomTree, Canary Capital, CoinShares, Invesco, VanEck, Fidelity, Ark Invest, Galaxy Digital, ProShares, Hashdex, and Volatility Shares.<\/p>\n XRP made a minor recovery, gaining 4% over the past 24 hours to reach $2.15 at the time of writing, though it remains down 13% over the past week.<\/p>\n In related news, Bitwise launched an ETF holding stocks of companies with large Bitcoin treasuries on March 11.<\/p>\n The Bitwise Bitcoin Standard Corporations ETF (OWNB) \u201cseeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 Bitcoin in their corporate treasuries,\u201d the firm stated<\/a>.<\/p>\n At launch, the top five holdings of the index were Strategy 21%, MARA Holdings 12%, CleanSpark just over 6%, Riot Platforms 6%, and Boyaa Interactive just under 6%.<\/p>\n Meanwhile, Cboe BZX is seeking permission from the SEC to incorporate staking into Fidelity\u2019s ETH ETF, according to a March 11 19b-4 rule change filing<\/a>.<\/p>\n It has been a busy week for crypto ETFs as the SEC issued a notice<\/a> on Tuesday extending the review period for NYSE Arca\u2019s proposed rule change to list and trade shares of the Grayscale XRP Trust<\/a> to May 21.<\/p>\n The regulator also pushed back approvals for the VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, and Grayscale Spot Dogecoin ETF.<\/p>\n Issuers now have to wait until May, the new deadline for the SEC to either approve, reject, or delay the process.<\/p>\n The post XRP Price Catalyst: Franklin Templeton Joins Growing List of ETF Applicants<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" One of the world\u2019s largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP. The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11. The filing is the latest in a slew […]<\/p>\n","protected":false},"author":0,"featured_media":51408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51407"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51407"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51407\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51408"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}17 XRP ETF Filings<\/h2>\n
SEC Delays Altcoin ETFs<\/h2>\n