Franklin Templeton Files for XRP ETF, Highlighting Digital Asset's Financial Role

GateNews

2025-11-24 17:26:15

XRP-0,28%

BTC-0,65%

Gate News bot message, Franklin Templeton has submitted a registration filing for a spot XRP trust with the U.S. Securities and Exchange Commission (SEC), expanding its presence in the digital asset investment space. The filing describes XRP as a “foundational digital asset for global financial institutions and payment providers.” Franklin Templeton’s move follows its earlier digital asset initiatives, including its successful spot bitcoin ETF launch in January 2024. According to CoinDesk reports, the asset management firm emphasizes XRP’s role in facilitating cross-border payments and settlement processes.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

EagleEye

· 2025-11-25 15:07

Watching Closely

Reply0