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XRP Poised For Meteoric Moonshot As This Fund Giant Files SEC Paperwork To Launch Spot XRP ETF

Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has officially filed a registration statement with the U.S. Securities and Exchange Commission for a spot XRP exchange-traded fund (ETF). Franklin Templeton has become the latest in a string of issuers vying to front run anticipated policy shifts to crypto under the new Trump government. Franklin Templeton Files For Spot XRP ETF After registering a trust in Delaware tied to a proposed spot XRP ETF in February, Franklin Templeton has moved forward with its plans to introduce a spot XRP ETF for US customers. The investment giant filed a form S-1 with the Securities and Exchange Commission. If approved, Franklin Templeton’s proposed fund would legitimize XRP as a mainstream investment vehicle offering a regulated option for exposure to the native token of Ripple’s XRP Ledger blockchain network. According to the Tuesday filing, the XRP ETF would trade on the CBOE BZX Exchange. Should approval be granted, Coinbase Custody would serve as the custodian for the fund’s XRP holdings, and CSC Delaware Trust Company would act as the trustee. Meanwhile, the agency has already formally accepted a handful of XRP ETF filings for review in the past few weeks — marking a key development for the world’s fourth largest crypto asset by market cap under acting chair Mark Uyeda. Approval of these XRP ETF filings could unlock massive institutional capital, amplifying demand for the cross-border payments token and pushing its price higher. At press time, XRP was trading at $2.20, reflecting a 6% jump in the last 24 hours. Flurry Of Filings Amid SEC Suit The filing follows similar moves by other asset managers, including Bitwise , WisdomTree , Canary Capital , 21Shares , Grayscale , all submitting XRP ETF proposals — injecting optimism into the market. Last year, Ripple Labs CEO Brad Garlinghouse described the approval of U.S.-listed XRP ETFs as “inevitable,” citing unprecedented demand from institutional and retail investors. Spectators say that President Trump’s reelection was a huge boon for XRP. Under former SEC boss Gary Gensler, the cryptocurrency’s regulatory status was challenged as the securities watchdog pushed forward with a lawsuit against Ripple over XRP sales. The civil lawsuit verdict, currently facing an appeal from the SEC and a cross-appeal from Ripple, included a court decision that the XRP cryptocurrency was not a security when sold to retail investors via exchanges. The SEC has yet to withdraw its Ripple suit despite recently abandoning similar, high-profile actions against companies like Coinbase, Robinhood, and Kraken. Seeking Alpha

Meme Coins Experience a Bounce Amid Market Struggles, but Official Trump Token Lags Behind in Performance
The meme coin market is showing resilience, as major coins rebound amid ongoing economic uncertainty and political tensions. Despite the declines in traditional stock indices, certain meme coins like Dogecoin, Seeking Alpha