Franklin Templeton’s Action Fuels XRP ETF Approval Push

Franklin Templeton has taken a strategic step forward in its pursuit of a spot XRP ETF, successfully clearing a major hurdle with the U.S. Securities and Exchange Commission (SEC). The firm updated its application by removing Section 8(a), which could streamline approval without delay. This move removes the potential for SEC delays and could see the ETF automatically enacted after a 20-day waiting period. The investment giant’s swift action underscores its strong commitment to launching the XRP ETF quickly.