Franklin Templeton Launches XRP ETF on NYSE Arca

Franklin Templeton has officially introduced its XRP exchange-traded fund (ETF), the Franklin XRP Trust, on NYSE Arca. This initiative offers U.S. investors a regulated means to access the XRP token following Ripple's recent settlement with the SEC.

Key Takeaways

Franklin Templeton launches the Franklin XRP Trust ETF on NYSE Arca.
This offers regulated access to XRP for U.S. investors.
The launch follows a legal settlement between Ripple Labs and the SEC.
Franklin Templeton now manages four crypto ETFs, including those for bitcoin and ether.
The fund aims to provide regulated custody and liquidity while simplifying token management.

Franklin Templeton launches XRP ETF on NYSE Arca - 1

Franklin Templeton's Commitment to XRP ETFs

Franklin Templeton has expanded its cryptocurrency offerings and now manages four ETFs that include bitcoin, ether, XRP, and a diversified digital asset fund. David Mann, the Head of ETF Product and Capital Markets at Franklin Templeton, emphasized that XRP plays a crucial role in supporting global settlement infrastructure, marking its significance in the evolving crypto landscape.

The launch of the Franklin XRP Trust follows a lengthy legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This dispute began in late 2020 when the SEC accused Ripple Labs of selling XRP as an unregistered security since 2013, prompting major exchanges to delist XRP and causing a substantial drop in its market value. In August 2025, Ripple settled the lawsuit by agreeing to pay a monetary sum without admitting any wrongdoing.

Roger Bayston, head of digital assets at Franklin Templeton, remarked that the fund provides investors with features such as regulated custody, daily transparency, and liquidity, mitigating the complexities associated with holding the token directly.

The Franklin XRP Trust debuted on the same day as Grayscale's XRP ETF, while Bitwise had previously launched its own XRP ETF last week, which saw considerable inflows, according to insights shared by the company's CEO. This new product by Franklin Templeton delivers access to XRP via traditional brokerage channels, all under the oversight of the SEC, ensuring a level of compliance and security for investors.