Franklin Templeton’s XRP ETF Launch Sets Pressure on the Price Range

Franklin Templeton’s launch of its XRP exchange-traded fund (ETF) is generating pressure on the cryptocurrency’s price. The move comes as major issuers, including Canary Capital and Bitwise, are entering the market with their own XRP ETFs, creating a rapid rollout for the asset. XRP prices have remained between key levels around $2.30-$2.60 amid increased institutional demand, driven by the influx of investors seeking exposure to this digital asset.