Franklin Templeton Launches XRP ETF on NYSE Arca: A Major Development for Crypto Adoption

Franklin Templeton has launched its new XRP exchange-traded fund (ETF) on the NYSE Arca, marking a significant milestone in institutional involvement within the cryptocurrency market. The ETF is projected to generate up to $30 million in trading volume on opening day. This move demonstrates increasing interest from financial institutions toward XRP and could boost liquidity and regulatory acceptance for the asset.