Franklin's XRP Spot ETF XRPZ, a financial product belonging to Franklin, was launched today.
BlockBeats News, November 25th, Franklin Templeton launched an XRP exchange-traded fund (ETF) on the New York Stock Exchange's Arca platform on Monday, providing investors with a regulated channel for XRP token investment. This move has brought one of Wall Street's oldest financial institutions into the growing list of XRP fund issuers, which already includes Bitwise, Grayscale Investments, and Canary Capital. This issuance expands Franklin Templeton's crypto product line. The company currently manages ETFs tied to Bitcoin, Ethereum, XRP, and its diversified digital asset fund, allowing traditional investors to access a broader range of crypto assets without needing to self-custody.
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