Franklin Templeton launches its XRP ETF on NYSE Arca, offering US investors regulated XRP access after Ripple’s settlement with the SEC.
Summary
- Franklin Templeton’s XRP Trust provides regulated XRP investment alongside Bitwise, Grayscale, and others.
- The launch follows Ripple’s August 2025 SEC settlement, easing previous XRP trading restrictions.
- The ETF offers daily transparency, SEC oversight, and traditional brokerage access for institutional investors.
Franklin Templeton launched its XRP exchange-traded fund, the Franklin XRP Trust, on NYSE Arca on Monday, providing U.S. investors with regulated access to the XRP token.
The asset manager joins existing issuers including Bitwise, Grayscale and Canary Capital in offering structured crypto products to institutional investors.
Frankline Templeton go deep on XRP ETF
Franklin Templeton now manages four crypto ETFs covering bitcoin, ether, XRP and a diversified digital-asset fund, according to the company.
David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, stated that XRP (XRP) plays a “foundational role in global settlement infrastructure,” according to the company’s announcement.
The launch follows the resolution of a prolonged legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission. In late 2020, the SEC filed a lawsuit alleging Ripple Labs had sold XRP as an unregistered security since 2013. The action resulted in delistings from major exchanges and significant market value declines.
Ripple settled the case in August 2025 by paying a monetary settlement without admitting wrongdoing, according to court filings.
Roger Bayston, head of digital assets at Franklin Templeton, said the fund provides “regulated custody, daily transparency and liquidity without the operational complexity of holding the token directly,” according to a company statement.
Franklin Templeton’s product launched the same day as Grayscale’s XRP ETF. Bitwise launched its XRP ETF last week, attracting substantial inflows, according to the company’s CEO.
The Franklin XRP Trust offers exposure to XRP through traditional brokerage channels with SEC oversight, the company said.
