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American plus manager Franklin Templeton has entered the increasing XRP exchange-traded money (ETF) race, becoming the latest steadfast to record for a spot XRP ETF successful the United States.
Franklin Templeton’s XRP (XRP) ETF is designed to way the show of the XRP price, with XRP holdings stored astatine Coinbase Custody Trust, according to an authoritative filing with the US Securities and Exchange Commission connected March 11.
On the aforesaid day, the SEC postponed decisions connected aggregate crypto ETF filings, including Grayscale’s connection to person its XRP Trust into an ETF.
Despite the increasing XRP ETF filing frenzy, BlackRock — the issuer of the largest spot Bitcoin (BTC) ETF — has yet to taxable a filing for an XRP-based product.
Who has filed for an XRP ETF successful the US?
As of March 12, 9 companies filed for XRP ETF products successful the US, including large issuers similar Bitwise, ProShares, 21Shares and others.
Bitwise, 1 of the world’s largest crypto funds managers, was the first steadfast to taxable a Form S-1 filing for an XRP ETF connected Oct. 2, 2024.
Canary Capital subsequently followed Bitwise’s lead, filing a Form S-1 for a akin merchandise connected Oct. 8, 2024.
Switzerland-based crypto concern steadfast 21Shares and the US ETF supplier WisdomTree also filed for XRP ETFs successful precocious 2024, with filings coming successful November and December, respectively.
Asset manager ProShares joined the XRP ETF contention successful 2025 by filing for respective XRP ETF products with the SEC connected Jan. 17, including the ProShares XRP ETF and three further XRP concern products.
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Another XRP ETF filing subsequently came from the European crypto concern steadfast CoinShares successful January, with Grayscale proposing to convert its XRP Trust into an XRP ETF trading connected the New York Stock Exchange connected Jan. 30.
Volatility Shares, a Florida-based fiscal services steadfast founded successful 2019, besides filed 3 XRP ETF products connected March 7, including the Volatility Shares XRP ETF, the Volatility Shares 2x XRP ETF and the Volatility Shares -1x XRP ETF.
Other filings featuring XRP ETFs
Beyond dedicated XRP ETF filings, astatine slightest 2 plus managers person included XRP successful broader crypto ETF products.
On Jan. 21, plus manager REX-Osprey filed for an “ETF Opportunities Trust,” which includes 7 ETFs tracking assets including large coins specified arsenic XRP and Bitcoin, arsenic good arsenic memecoins similar Bonk (BONK) and Official Trump (TRUMP).
Similarly, Tuttle Capital Management submitted an ETF opportunities spot filing, including 10 regular people ETFs, covering assets specified arsenic XRP and Melania (MELANIA).
ETF compositions successful the ETF opportunities trusts by Tuttle Capital Management and REX-Osprey. Source: SEC
Apart from BlackRock, a fig of crypto ETF providers person not yet filed for an XRP ETF, including firms specified arsenic Invesco, VanEck, ARK Invest, Fidelity Investments and Galaxy Digital.
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