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XRP News Today: SEC Approval Fuels Franklin's Broader Crypto ETF Growth

XRP News Today: SEC Approval Fuels Franklin's Broader Crypto ETF Growth

Bitget-RWA2025/11/25 03:34
By:Bitget-RWA

- Franklin Templeton expands its crypto ETF to include XRP , Solana , and Dogecoin from Dec 2025, reflecting rising demand for diversified digital assets. - The move follows Cboe BZX Exchange rules under SEC standards, enabling the fund to track a broader index with quarterly rebalancing and in-kind liquidity mechanisms. - Franklin also launched XRPZ ETF (a grantor trust) and joins Grayscale in offering spot altcoin exposure, coinciding with XRP's 2.3% price rally amid institutional interest. - Over 40 cry

Franklin Templeton's

(EZPZ) is expanding its portfolio of digital assets to incorporate , (SOL), (DOGE), along with other cryptocurrencies beginning December 1, 2025, in response to increasing interest in diversified crypto investments. Previously, the fund concentrated on and , but will now follow the CF Institutional Digital Asset Index – US–Settlement Price, which will be adjusted every quarter to reflect the updated asset mix . This adjustment comes after new regulations from Cboe BZX Exchange Inc. under the SEC's Generic Listing Standards, .

This broader approach coincides with a rise in regulated crypto offerings,

on NYSE Arca, set up as a grantor trust that directly holds XRP. Overseen by the Digital Assets team, the fund , while BNY Mellon is responsible for administration. , described XRP as a "core building block" for a well-rounded digital asset portfolio.

XRP News Today: SEC Approval Fuels Franklin's Broader Crypto ETF Growth image 0

The

ETF is part of a recent surge in altcoin-focused fund launches, which started trading on November 24. , similar to Franklin's XRPZ, offer direct exposure to the underlying cryptocurrencies and feature fee waivers for early investors. The debut of these products to $2.11, as market participants anticipated more institutional involvement.

Franklin's expanded multi-asset ETF also

, with allocations reflecting their index weights. is designed to boost liquidity, potentially lowering trading costs for authorized participants. At the same time, – as shown by recent approvals – has spurred innovation, with over 40 crypto-related ETFs now available in the U.S.

Investors are closely watching how these diversified funds compare to those focused mainly on Bitcoin and Ethereum. While a broader mix can help reduce concentration risk, it may also bring added volatility from less-established coins. For example, XRP is still trading within a technical "descending triangle" formation,

, according to the latest analysis.

Franklin Resources, the parent of Franklin Templeton,

and has recently experienced slower revenue growth and mixed reviews from analysts. Nevertheless, to expand into digital assets and AI, with a goal of raising $25 billion to $30 billion in private markets by 2026.

As the crypto ETF market evolves, competition is heating up. Bitwise, Canary Capital, and REX Shares have also introduced altcoin funds, while

in the near future. The industry's continued growth will depend on regulatory clarity, liquidity, and investor trust in diversified digital asset strategies.

0

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.

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