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Franklin Templeton Receives Approval to List XRP Fund on the New York Stock Exchange

Franklin Templeton Receives Approval to List XRP Fund on the New York Stock Exchange

Franklin Templeton Receives Approval to List XRP Fund on the New York Stock Exchange

Institutional Adoption • XRP News
Franklin Templeton XRP fund announcement

Franklin Templeton, one of the world’s largest asset managers, has officially received the green light to list its new XRP investment fund on the New York Stock Exchange (NYSE). This marks a major milestone for institutional adoption of XRP and represents one of the biggest endorsements of Ripple’s ecosystem by traditional finance.

A Major Step for XRP Institutional Adoption

The approved fund will allow investors to gain exposure to XRP through a regulated, publicly traded product—similar to Bitcoin and Ethereum exchange-traded funds.

According to regulatory filings, the XRP fund will:

  • Hold XRP directly as its underlying asset
  • Be fully custodial and institutionally managed
  • Provide SEC-compliant reporting
  • Trade during normal NYSE market hours

Why This Matters

This approval signals growing confidence in XRP’s regulatory clarity, especially following recent court decisions distinguishing XRP sales from traditional securities offerings. Analysts say the move opens the door for:

  • Large institutions to hold XRP through trusted financial vehicles
  • Increased liquidity and price stability
  • More demand from retirement accounts and wealth managers

Ripple Praises the Decision

Ripple executives welcomed the news, calling it a “historic step” that reinforces XRP’s utility in global payments and settlement systems. The listing is also expected to boost Ripple’s visibility among U.S. institutional investors.

What Happens Next?

Franklin Templeton is expected to finalize the product launch in the coming weeks. Market analysts anticipate significant trading volume once the fund goes live on the NYSE, especially if broader crypto market sentiment remains positive.

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