NYSE Arca Approves Franklin Templeton’s XRP ETF; Potential for Institutional Adoption

A significant step forward in the cryptocurrency industry has been taken as Franklin Templeton’s proposed XRP ETF has successfully met NYSE Arca’s listing requirements. This milestone brings us closer to seeing the first XRP-based ETF trade on a major U.S. exchange under the ticker symbol XRPZ, potentially revolutionizing institutional involvement in crypto. The approval signifies that the fund meets crucial criteria outlined by the SEC and NYSE Arca, offering investors regulated access to XRP without direct ownership complexities.