Altcoins News

Story: Franklin Templeton Files for XRP ETF, Boosting Altcoin ETF Momentum

By Maheen Hernandez

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Altcoin ETFs Gaining Ground. Franklin Templeton’s foray into the XRP ETF race places it alongside other major asset managers…

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The Surge in Market Optimism. The filing by Franklin Templeton has contributed to a surge in market optimism regarding the…

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Other Altcoins’ ETF Applications. Beyond XRP, other altcoins are also seeing strong momentum for ETF applications.

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Conclusion. Franklin Templeton’s filing for an XRP ETF is a significant development in the broader trend of…

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Franklin Templeton, one of the largest global asset managers, has filed an S-1 form with the U.S.

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This filing follows Franklin Templeton’s earlier filing for a Solana (SOL) ETF, further solidifying the firm’s growing interest in the digital asset space.

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Franklin Templeton’s foray into the XRP ETF race places it alongside other major asset managers like 21Shares, Canary Capital, Grayscale, WisdomTree, and Bitwise.

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Currently, three of these firms—21Shares, Bitwise, and Grayscale—have seen their filings acknowledged by the SEC.

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Beyond XRP, other altcoins are also seeing strong momentum for ETF applications. As of now, the approval odds for a Solana ETF stand at 87%, while a Cardano ETF has a 69% chance…

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Moreover, Cboe BZX recently filed with U.S. regulators to integrate staking into Fidelity’s Ether ETF, which further reflects a growing interest in expanding the functionality of…

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Franklin Templeton’s filing for an XRP ETF is a significant development in the broader trend of institutional adoption of cryptocurrency and altcoins.

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