NYSE Arca has officially approved the listing of Franklin Templeton’s highly anticipated XRP exchange-traded fund, bringing the product one step closer to launching in the U.S. crypto-ETF market. The exchange has certified its decision to the SEC, confirming that the Franklin XRP Trust meets all required listing standards ahead of its debut.
The Franklin XRP Trust will trade under the ticker XRPZ and feature one of the lowest sponsor fees in the crypto-ETF category at 0.19%. To attract early adopters, Franklin Templeton is offering a major incentive: the sponsor fee will be completely waived on the first $5 billion in assets through May 31, 2026. This aggressive fee-reduction strategy is aimed at driving early volume and positioning the fund competitively during its initial rollout.
Growing Momentum in XRP ETF Market
Franklin Templeton’s entry comes at a time of rapid growth in regulated XRP investment products. Earlier this month, Canary Capital and Bitwise Asset Management both launched their spot XRP ETFs, expanding investor access to the digital asset. Meanwhile, Grayscale is preparing to debut its spot XRP and Dogecoin ETFs following final regulatory approval, with trading expected to begin tomorrow.
As more asset managers push into the XRP ETF space, investor interest continues to climb. Franklin Templeton’s soon-to-launch XRPZ fund is poised to become a major contender—especially with its bold fee-waiver strategy and backing from one of the world’s most respected financial institutions.
