Franklin Templeton’s Bold Leap: XRP ETF Finally Nears Launch! Will It Crash or Soar? 😱📈

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Ah, Franklin Templeton, the colossus of asset management, has just filed Amendment No. 3 for its long-awaited Franklin XRP Trust (ticker: $XRPZ) – yes, you read that right, this could be the final step before the momentous debut of the first-ever U.S. spot XRP exchange-traded fund (ETF). 🎉

On November 4, like a thief in the night, the firm slyly submitted the filing to the U.S. Securities and Exchange Commission (SEC), laying out a trust structure that will hold XRP in the cold embrace of Coinbase Trust, with the CME CF XRP-USD benchmark to set the pricing. The cherry on top? A meager 0.19% sponsor fee, waived for the first $5 billion in assets under management – at least until May 2026. 🍒

James Seyffart, a certain Bloomberg ETF analyst and soothsayer of all things crypto, observed that the filing has “shortened 8(a) language.” Translation? An ominous sign that the clock is ticking. “They’re looking to launch this month,” he exclaimed on X, that wild jungle of online banter. 🕰️

NEW: @FTI_US files updated XRP ETF s-1 with shortened 8(a) language. Looking to launch this month.

– James Seyffart (@JSeyff) November 4, 2025

The XRP ETF That’s Been Waiting for Ages… Or Has It? 🕰️

Let’s rewind. Franklin Templeton first filed for this XRP ETF back in March 2025, making them the bold trailblazers in the wild west of institutional finance. But wait, the SEC didn’t exactly roll out the red carpet. No, they delayed the decision in April, throwing in a “further review,” and pushed the deadline to June 17, 2025. 🧐

Now, with Amendment 3 in place, it seems like the last technical hurdle is but a distant memory. Or is it? 🤔

The proposed Franklin XRP Trust plans to issue shares representing fractional ownership of XRP stored safely in cold storage, like the treasure it is. Investors will finally get the chance to ride the wild XRP wave without getting tangled in the mess of digital wallets. These shares will be listed on NYSE Arca under the ticker XRPZ, assuming the SEC doesn’t have second thoughts. 🙄

Why Should You Care? Wall Street’s About to Meet XRP! 😎

For years, XRP has lived in a regulatory limbo, torn between institutional finance and the blockchain world. Unlike Bitcoin or Ethereum, XRP only got its legal clarity after Ripple won a partial court battle in 2023, which declared XRP wasn’t a security when sold on exchanges. Talk about a lucky break! 🍀

But now, Franklin Templeton is waving the flag of legitimacy, bringing XRP to Wall Street as a fully-regulated asset. Banks and payment providers, who’ve been dipping their toes in blockchain waters, might just take notice. 🏦

“This is institutional access to XRP, done right, regulated, custodied, and benchmarked,” wrote BankXRP, an analyst who clearly knows a thing or two about digital assets. 👏

Franklin Templeton just filed Amendment 3 for its Franklin XRP Trust ($XRPZ) 📝

• Spot XRP ETF aiming to trade on NYSE Arca
• Holds XRP directly (custody: Coinbase Trust)
• Uses CME CF XRP-USD benchmark for pricing
• 0.19% sponsor fee (waived on 1st $5B AUM til May 2026)…

– 𝗕𝗮𝗻𝗸XRP (@BankXRP) November 5, 2025

Franklin Templeton: The Crypto Titan on Wall Street 🏙️

In the land of traditional finance, Franklin Templeton is no stranger. Alongside its XRP Trust, they’ve also filed for Bitcoin, Ethereum, and Solana ETFs. Solana’s decision is delayed, of course – because why not add a little suspense to the drama? 📉

With a towering $1.5 trillion in assets under management, Franklin’s crypto foray is a big deal. The firm is now officially rubbing shoulders with Wall Street heavyweights like BlackRock, VanEck, and Grayscale, all racing to tokenize the digital frontier. 🏁

The Growing Momentum for Crypto ETFs 🚀

The filing of the XRP Trust comes at a pivotal moment. The SEC’s approval of spot Bitcoin ETFs, along with ongoing reviews of Solana and Dogecoin ETFs, is changing the regulatory landscape. Analysts predict that if the XRP Trust gets the green light, it could pave the way for payment-focused blockchains to finally get the institutional respect they deserve. 🌐

If approved, Franklin’s XRPZ will make history as the first XRP-based ETF listed on a U.S. exchange – effectively moving XRP from crypto exchanges to the hallowed floors of Wall Street. 🏛️

What’s Next? 🚨

The SEC has yet to announce the final effective date, but with Amendment 3 filed and all the major disclosures completed, industry insiders are betting that the launch could happen in mere weeks, possibly even before Thanksgiving. 🦃

If it goes through, Franklin Templeton’s XRPZ would be the first official step in bringing Ripple’s token into the big leagues. The question remains: will this be the dawn of a new era, or just another flash in the pan? Time will tell. ⏳

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2025-11-06 01:42