Franklin Templeton’s XRP ETF Debuts on NYSE Arca, Signals Crypto ETF Boom

Franklin Templeton’s new XRP exchange-traded fund (XRPZ) debuted on the NYSE Arca yesterday, coinciding with Bloomberg’s prediction of over 100 crypto ETFs launching in the coming months. This launch follows a wave of similar products from Bitwise, Canary Capital, and Grayscale. This marks a significant shift for XRP after years of legal challenges. Ripple Labs settled a lawsuit with the SEC in 2025 for $125 million, clearing the path for more investment products based on the cryptocurrency.