Altcoins News

Story: Franklin Templeton Moves Quickly on XRP ETF Filing

By Steven Anderson

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A Growing Field of XRP ETF Competitors. Franklin Templeton’s move comes as competition intensifies across the ETF landscape.

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XRP Price and Market Overview. At press time, XRP traded near $2.24, with a market capitalization of $134.

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Industry Analysts Expect Faster Approvals. Market observers believe Franklin Templeton’s filing marks an important signal of regulatory…

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Technical View: Signs of Oversold Conditions. From a technical standpoint, XRP’s current chart formation indicates potential for stabilization…

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What the ETF Race Means for XRP. Franklin Templeton’s filing reflects a broader shift within institutional finance — one where…

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The Bigger Picture. The XRP ETF competition highlights how quickly traditional finance is adapting to crypto assets.

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Franklin Templeton is moving rapidly to introduce its XRP exchange-traded fund (ETF) before the end of November, submitting a revised filing to the U.S.

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The updated S-1 document eliminates the SEC’s “delaying amendment,” a clause that allows the regulator to postpone approval indefinitely.

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According to Bloomberg ETF analyst James Seyffart, this filing approach mirrors the same strategy used earlier in 2025 for Bitcoin and Ethereum ETFs, marking a new stage in how…

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“Franklin Templeton is following the expedited approval model that worked for previous digital asset ETFs,” Seyffart said.

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Franklin Templeton’s move comes as competition intensifies across the ETF landscape. Several major firms, including Bitwise, CoinShares, Canary Capital, and ProShares, have filed…

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Bitwise detailed a 0.34% management fee and plans to list on the New York Stock Exchange (NYSE).

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CoinShares disclosed its ticker symbol “XRPL” for a future Nasdaq listing.

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Canary Capital removed the same delaying amendment last week and is reportedly targeting mid-November for its ETF debut.

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ProShares entered the race with a proposal tied to the CoinDesk 20 Index, which includes both XRP and Solana.

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