Franklin Templeton is launching an exchange-traded fund (ETF) that will track the spot price of the cryptocurrency XRP, the fourth-largest by market capitalization. This reflects the growing interest of investors in digital assets. The company had previously filed for ETFs tracking Solana, and Grayscale launched a fund based on Dogecoin. XRP, created by Ripple, has tripled its price over the past year. The new ETF from Franklin Templeton will be listed on the Cboe BZX exchange, with Coinbase appointed as the custodian for the fund.
3/12/2025 10:33:44 AM (GMT+1)
Franklin Templeton launches an ETF tracking the price of the cryptocurrency XRP, reflecting the growing interest in digital assets and expanding opportunities for investors
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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