Franklin Templeton has launched a new XRP ETF, intensifying competition among major asset managers while BlackRock remains off the field. The move signals growing institutional appetite for XRP amid evolving regulatory clarity.
The most condensed and significant stage of the spot XRP ETF approval cycle begins in the second half of November, with regulators set to review filings from Bitwise, Franklin Templeton, 21Shares, CoinShares, Grayscale and WisdomTree. Outcomes in this window will largely determine whether U.S. spot XRP ETFs can launch and how quickly investors gain regulated access to XRP.