Franklin Templeton submits XRP ETF application
According to Nate Geraci, president of The ETF Store, Franklin Templeton, with over $1.5 trillion in assets under management, has officially joined the XRP ETF competition.
Based on the preliminary prospectus submitted on March 11th, Franklin XRP Trust will issue shares of the Franklin XRP ETF fund. This ETF will primarily hold XRP kept by a custodian on behalf of the fund and aims to reflect the overall performance of XRP's price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A trader bought 12.6 million GAS tokens and achieved a return of 535 times.
AI-driven ecosystem platform provider Unifyr secures $20 million investment
An address invested $394 to purchase GAS and made a profit of $420,000, achieving a return of 535 times.
Trending news
MoreCrypto prices
More
