Franklin Templeton Launches XRP ETF, Signaling Institutional Growth in Crypto

A significant milestone for the cryptocurrency market has been reached with Franklin Templeton’s launch of the XRP ETF on NYSE Arca. This development signifies a growing trend of institutional investors entering the crypto space through regulated investment vehicles. The firm’s spot XRP ETF now offers regulated exposure to the token, potentially boosting liquidity and stability for XRP. This move follows similar products from Grayscale and Bitwise, demonstrating a consistent shift toward mainstream adoption.