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Franklin Templeton Files for XRP ETF, Highlighting Digital Asset's Financial Role
Gate News bot message, Franklin Templeton has submitted a registration filing for a spot XRP trust with the U.S. Securities and Exchange Commission (SEC), expanding its presence in the digital asset investment space. The filing describes XRP as a “foundational digital asset for global financial institutions and payment providers.” Franklin Templeton’s move follows its earlier digital asset initiatives, including its successful spot bitcoin ETF launch in January 2024. According to CoinDesk reports, the asset management firm emphasizes XRP’s role in facilitating cross-border payments and settlement processes.