Franklin Templeton seeks SEC approval for spot XRP ETF in latest crypto push

On March 11, 2025, Franklin Templeton filed to introduce an ETF designed to track XRP prices, holding actual tokens with Coinbase Custody.

Shares of the ETF will be available on the Cboe BZX Exchange, making XRP investment easier for retail investors while ensuring accurate net asset valuation.

This move follows a ruling classifying XRP as a non-security, reflecting Franklin Templeton’s strategy to expand into cryptocurrency investment.