Franklin Templeton Launches XRP ETF on NYSE Arca, Expands Institutional Access
Franklin Templeton launched its Franklin XRP Trust (XRPZ) on NYSE Arca on November 24, 2025, providing U.S. investors with regulated XRP exposure through traditional brokerage accounts. The launch follows Ripple's $125 million SEC settlement in August 2025 and positions Franklin alongside Bitwise, Grayscale, and Canary Capital in the competitive XRP ETF market. The asset manager now operates four crypto ETFs covering bitcoin, ether, XRP, and a diversified digital-asset fund.