America's Social Casino

CoinDesk 2025-03-12 08:14:53

Franklin Templeton Joins XRP ETF Rush, Files Preliminary Application With SEC

Franklin Templeton Joins XRP ETF Rush, Files Preliminary Application With SEC

Investment giant Franklin Templeton is joining a growing fray of financial asset providers hoping to offer an XRP exchange-traded fund (ETF) to the general public. On Tuesday, the company filed for a Franklin XRP ETF, aiming to track the spot price of XRP minus fees, where assets are held via Coinbase Custody. Shares will trade on the Cboe BZX Exchange, with authorized participants creating/redeeming them in blocks using cash, converted to XRP via a third-party. Shareholders won’t benefit from XRP Ledger forks or airdrops. The filing's preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it. Franklin joins Bitwise, 21Shares, and others in the XRP ETF race, betting on a crypto-friendly shift. XRP is up 4.2% in the past 24 hours, in line with a broader market recovery.

最阅读新闻

FTX Distributes Billions, Reanimating the Cry...
2025-05-15
Why crypto games shouldn’t monetize too early
2025-05-15
FTX to distribute over $5 billion to creditor...
2025-05-15
FTX Plans Over $5 Billion Distribution to Cre...
2025-05-15
BREAKING: While the SEC Dropped Its Case Agai...
2025-05-15
Crypto Market Dips as Fed Remarks Spark Volat...
2025-05-15
Coinsilium raises £1.25m to fund its Bitcoin...
2025-05-15
Analyst Says XRP Will Jump Over 40,000% Once...
2025-05-15

相关新闻

Telegram Crackdown Halts $27B Haowang Guarantee –...
15 May 2025
Coinbase user numbers come under SEC scrutiny - re...
15 May 2025
Crypto Exchange Coinbase Hit With $400,000,000 Cyb...
15 May 2025
FTX Set to Distribute Over $5 Billion in Major Rep...
15 May 2025
BTC Movement Cools Off – Are ENA and TIA Showing S...
15 May 2025
Eric Trump Says He Got Into Crypto Amid Political...
15 May 2025

阅读免责声明 : 此处提供的所有内容我们的网站，超链接网站，相关应用程序，论坛，博客，社交媒体帐户和其他平台（“网站”）仅供您提供一般信息，从第三方采购。我们不对与我们的内容有任何形式的保证，包括但不限于准确性和更新性。我们提供的内容中没有任何内容构成财务建议，法律建议或任何其他形式的建议，以满足您对任何目的的特定依赖。任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。在依赖它们之前，您应该进行自己的研究，审查，分析和验证我们的内容。交易是一项高风险的活动，可能导致重大损失，因此请在做出任何决定之前咨询您的财务顾问。我们网站上的任何内容均不构成招揽或要约