XRP ETF Milestone Franklin Templeton Files

Franklin Templeton Files S-1 for XRP ETF with SEC

• Franklin Templeton has filed an S-1 registration form with the SEC for an XRP ETF.
• The proposed fund will trade on the CBOE BZX Exchange, providing exposure to XRP.
• Coinbase Custody will serve as custodian, and Coinbase will act as the prime broker.
• The ETF’s net asset value will be determined using the CME CF XRP-Dollar Reference Rate.
• A final decision from the SEC is expected by October 2025 for most filings.

Franklin Templeton has initiated a significant move by filing an S-1 with the SEC to launch an XRP-focused ETF. This proposal, which aims to trade on the CBOE BZX Exchange, awaits a final decision by October 2025.