Breaking: Franklin Templeton Greenlights Spot XRP ETF Amid U.S. Regulatory Surge
Wall Street's ETF machine just added another crypto gear—and regulators are actually spinning the wheel.
The Institutional Stamp
Franklin Templeton joins the spot ETF frenzy, betting big on XRP's regulatory clarity while traditional finance veterans clutch their pearls. Another digital asset gets the institutional treatment—because apparently waiting for banks to catch up is so 2021.The Approval Avalanche
U.S. regulators keep rubber-stamping crypto products faster than you can say 'hypocrisy.' Remember when these same agencies spent years pretending digital assets were financial bogeymen? Now they're approving ETFs like it's Black Friday at the SEC.The Ripple Effect
XRP's legal battles finally pay off as institutions scramble for the one altcoin with actual courtroom wins. Who needs regulatory certainty when you can just sue everyone until they take you seriously? Wall Street's latest 'innovation'—repackaging assets they spent years dismissing while collecting fees for the privilege. Some things never change.Accelerated Approval Cycle and Issuer Developments
Canary Capital’s ETF has already received Nasdaq listing approval and is live on the market. Franklin Templeton recently updated its SEC filings, enabling its ETF to take effect automatically once all regulatory requirements are met. The company expects trading to begin on the
Bitwise has submitted its final amendments to the SEC, with its product expected to launch between. Applications from 21Shares and CoinShares are also moving through their respective review periods, with approvals expected between.
The accelerated timeline follows the reopening of U.S. government agencies after an early-October shutdown, which had temporarily halted SEC reviews for new crypto products.
Institutional Capital and Liquidity Impact on XRP
Industry participants expect the wave of ETF launches to become. Based on early demand seen during the solana (SOL) ETF debut, analysts estimate potential inflows exceeding.
Institutional interest has already surged:
- Virtu Financial disclosed USD 63 million in XRP holdings.
- Armada Acquisition Corp. II implemented a USD 1 billion XRP-focused financial strategy.
News of Canary Capital’s approval helped lift XRP’s price by, reflecting strong market sentiment.
Technical analysts suggest that with accelerating institutional participation, XRP could begin a recovery toward its all-time high of, a milestone not seen since before Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission (SEC).
Following Ripple’s major legal victory in early 2025, much of the regulatory uncertainty surrounding XRP has eased. The anticipated ETF approvals now appear set to deliver fresh momentum to the asset.
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