• Launch Details: The ETF debuted on Monday under ticker XRPZ, coinciding with Grayscale’s GXRP Trust ETF.

• Trading Volume: NYSE Arca reported 768,692 shares traded on the first day, signaling strong initial demand.

• Market Performance: XRP price increased 8.25% in 24 hours, per Cointelegraph Markets data, reflecting positive sentiment.

Discover the Franklin XRP ETF launch on NYSE Arca, providing secure XRP investment options post-SEC resolution. Explore key details, performance, and implications for crypto portfolios today.

What is the Franklin XRP ETF?

Franklin XRP ETF is an exchange-traded fund launched by Franklin Templeton that tracks the price of XRP, the native cryptocurrency of the XRP Ledger blockchain developed by Ripple. Introduced on NYSE Arca under the ticker XRPZ, it allows investors to gain exposure to XRP through a regulated vehicle without directly holding the asset. This launch follows regulatory approvals and aligns with growing institutional interest in digital assets.

XRP 24-hour price chart. Source: Cointelegraph

The ETF’s debut on Monday marked a significant step for Franklin Templeton, building on its existing crypto offerings like Bitcoin and Ether funds. As of publication, trading data showed robust activity with 768,692 shares exchanged on NYSE Arca. This volume underscores the appeal of XRP as a foundational asset in global payment systems, as highlighted by Franklin Templeton executives.

“XRPZ offers investors a convenient and regulated way to access a digital asset that plays a foundational role in global settlement infrastructure, through the transparency and oversight of an ETF,” stated David Mann, head of ETF product and capital markets at Franklin Templeton. Such products democratize access to cryptocurrencies, integrating them into mainstream portfolios.

In the broader context, XRP serves as the native token of the XRP Ledger, an open-source blockchain designed for fast, low-cost cross-border transactions. Ripple, the company behind the ledger, has long positioned XRP for use in financial settlements. The cryptocurrency’s utility in facilitating efficient payments has attracted attention from institutions seeking alternatives to traditional systems like SWIFT.

How Does the Franklin XRP ETF Compare to Other Crypto Offerings?

The Franklin XRP ETF joins a wave of similar products, including Grayscale’s XRP Trust ETF (GXRP) launched on the same day and recent offerings from Bitwise Asset Management and Canary Capital. Unlike spot Bitcoin or Ether ETFs, which have seen billions in inflows since 2024 approvals, XRP-focused funds address unique regulatory hurdles tied to Ripple’s past SEC disputes.

Early data indicates strong interest: Bitwise CEO Hunter Horsley noted that their XRP ETF attracted about $118 million in inflows last week. Franklin Templeton’s entry builds on its crypto index fund and prior Bitcoin and Ether vehicles, providing a diversified approach. According to market analysts, these launches could drive XRP adoption by offering custody, liquidity, and compliance benefits absent in direct crypto holdings.

Regulatory clarity has been pivotal. The U.S. Securities and Exchange Commission approved the Franklin XRP ETF for NYSE Arca trading, ensuring investor protections like those in equity markets. This oversight includes daily net asset value calculations and prospectus disclosures, which enhance trust among retail and institutional investors.

XRP’s price performance supports the timing: A 8.25% rise over 24 hours, as reported by Cointelegraph Markets data, aligns with broader market optimism. Experts from firms like Galaxy Digital have emphasized XRP’s role in tokenized assets, predicting sustained growth as blockchain interoperability improves.

Related: Ondo turns to Figure’s stablecoin with $25M investment to back tokenized fund.

Franklin Templeton’s strategy reflects a maturing crypto ecosystem. By launching amid resolved legal challenges for Ripple, the firm positions XRPZ as a bridge between traditional finance and blockchain innovation. Inflows data for the first full trading day was unavailable at press time, but initial volume suggests potential for significant capital allocation.

Frequently Asked Questions

What triggered the launch of the Franklin XRP ETF?

The Franklin XRP ETF launched following SEC approvals that cleared regulatory paths for XRP investment products. This came after the U.S. regulator resolved its lawsuit against Ripple in March 2025, with a $125 million settlement finalized in August 2025, ending nearly five years of legal uncertainty.

Is the Franklin XRP ETF suitable for beginner investors?

Yes, the Franklin XRP ETF provides a straightforward way for beginners to invest in XRP through familiar stock exchanges like NYSE Arca. It offers regulated exposure without the complexities of wallet management or direct crypto trading, making it ideal for those new to digital assets seeking diversified portfolios.

Magazine: Solana vs Ethereum ETFs, Facebook’s influence on Bitwise: Hunter Horsley.

US Interest in XRP After the End of SEC Legal Troubles?

U.S. investor enthusiasm for XRP has surged following the resolution of the SEC’s lawsuit against Ripple, which began almost five years ago. The regulator dropped the case in March 2025 under new leadership and administration, culminating in an August 2025 settlement of $125 million. This closure removed a major overhang, paving the way for products like the Franklin XRP ETF.

Prior to the resolution, XRP faced delistings and market volatility due to the SEC’s claims that Ripple’s token sales constituted unregistered securities offerings. The court’s partial ruling in Ripple’s favor in 2023 set the stage, but full clarity arrived in 2025. Now, institutional players like Franklin Templeton can confidently offer XRP exposure.

Market data reflects this shift: XRP’s trading volume and price stability have improved, with the token’s 8.25% daily gain signaling renewed confidence. Analysts from Bloomberg Intelligence note that post-resolution, XRP could capture a larger share of the $10 trillion cross-border payments market, where its ledger excels in speed and cost-efficiency.

The ETF’s approval process involved rigorous SEC review, ensuring compliance with investment company standards. Franklin Templeton’s experience managing over $1.5 trillion in assets lends credibility, as does the firm’s track record with other crypto ETFs. This launch not only benefits U.S. investors but also bolsters XRP’s global standing.

Broader implications include increased liquidity for XRP holders and potential for more ETF variants. While Bitcoin and Ether dominate ETF inflows—totaling over $50 billion since 2024—XRP’s niche in payments positions it for targeted growth. Experts like those at ARK Invest highlight XRP’s potential in real-world asset tokenization, further driving interest.

Key Takeaways

• Regulatory Milestone: The SEC’s settlement with Ripple in 2025 has unlocked XRP ETFs, enabling regulated investment options like Franklin Templeton’s XRPZ.
• Market Momentum: Initial trading saw 768,692 shares on NYSE Arca, with XRP up 8.25% in 24 hours per Cointelegraph Markets data, indicating strong demand.
• Investor Benefits: ETFs provide secure, transparent access to XRP, ideal for portfolios seeking blockchain exposure without direct custody risks.

Conclusion

The launch of the Franklin XRP ETF represents a pivotal advancement for XRP and the broader cryptocurrency landscape, offering investors regulated entry into Ripple’s innovative blockchain technology. With resolved SEC challenges boosting U.S. interest, products like XRPZ from Franklin Templeton and competitors such as Grayscale underscore growing institutional adoption. As XRP continues to power efficient global settlements, staying informed on these developments positions investors to capitalize on emerging opportunities in digital finance.