Franklin Templeton Makes Bold ¥300 Trillion Bet on XRP ETF in Japan – Here’s Why It Matters

Wall Street meets crypto in Tokyo as Franklin Templeton throws its weight behind an XRP ETF play. With ¥300 trillion in assets under management, the move signals institutional validation for Ripple's embattled token.

The Japan playbook

While US regulators keep playing whack-a-mole with crypto ETFs, Japan's FSA appears more pragmatic. Franklin Templeton's pivot to Asia exposes the growing East-West divide in digital asset adoption.

Ripple effect

The filing could turbocharge XRP's liquidity – if it clears Japan's notoriously meticulous financial review process. Traders are already pricing in a 20% premium on Asian exchanges.

Finance veterans will recognize the pattern: when asset managers start chasing yield, someone's about to get rich. Just don't ask who's holding the bag when the music stops.