Franklin Templeton Expands Crypto Footprint With New XRP ETF Listing on NYSE Arca

Franklin Templeton has officially launched its XRP exchange-traded fund, the Franklin XRP Trust (XRPZ), on NYSE Arca, giving traditional investors regulated access to the XRP token. With this move, the legacy financial giant joins a growing roster of Wall Street players offering XRP investment products, including Bitwise, Grayscale and Canary Capital. The launch strengthens Franklin Templeton’s digital asset lineup, which now includes ETFs for bitcoin (EZBC), ether (EZET), XRP (XRPZ), and its diversified digital asset fund (EZPZ).

According to David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, XRP plays a “foundational role in global settlement infrastructure,” making it an important addition to the company’s crypto-focused investment offerings. The ETF gives investors a convenient way to gain exposure to XRP with SEC oversight, daily pricing, liquidity and regulated custody—without the operational challenges of managing the token directly.

The debut of XRPZ also comes at a pivotal moment for XRP. Just a few years ago, the token faced delistings across major exchanges following the U.S. Securities and Exchange Commission’s lawsuit against Ripple in 2020, which accused the company of selling XRP as an unregistered security. That long-running case was finally resolved in August 2025, when Ripple agreed to a $125 million settlement with the SEC without admitting wrongdoing. Since the settlement, XRP has seen renewed interest as regulatory clarity around digital assets continues to improve.

Roger Bayston, head of digital assets at Franklin Templeton, noted that blockchain technologies are driving the growth of new businesses and that tokens like XRP are vital incentive mechanisms for decentralized networks. He emphasized that XRP serves as a core building block within a diversified digital asset portfolio and highlighted the benefits of accessing it through a regulated ETF.

The XRP ETF market is expanding quickly. Grayscale launched its own XRP ETF on the same day, while Bitwise introduced its product last week, attracting roughly $118 million in inflows, according to CEO Hunter Horsley. The rising institutional participation signals growing confidence in XRP and the broader crypto market as regulated investment options continue to emerge.