Franklin Templeton Launches XRP ETF on NYSE Arca, Offering New Access to Digital Asset

Franklin Templeton launches XRPZ, a new ETF tracking XRP's performance.

Fridah Kangai
November 25, 2025
4:00 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Franklin Templeton launches XRP ETF on NYSE Arca for investors.
XRPZ offers regulated access to XRP for institutional and retail investors.
New ETF simplifies XRP investment, expanding digital asset exposure.

Franklin Templeton has launched its highly anticipated XRP ETF, XRPZ, on NYSE Arca. This ETF allows investors to access XRP, a key cryptocurrency in global payment systems. The ETF follows the performance of XRP against the CME CF XRP-Dollar Reference rate, prior to the fees.

David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, pointed to the significance of this launch. According to him, XRPZ provides investors with a straightforward option of investing in XRP, which is a part of international payments. The ETF is also a fully regulated instrument that provides portfolio security to both the institutional and the retail investor.

XRPZ is a grantor trust that directly owns XRP. It is priced at a daily net asset value (NAV) based on the CME CF XRP-Dollar Reference Rate. The custodian of XRP is Coinbase Custody Trust Company, LLC. The administrator and transfer agent is Bank of New York Mellon.

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A New Approach to Digital Asset Investment

XRPZ is an addition to the emerging range of cryptocurrency-based ETFs of Franklin Templeton. Other ETFs of digital assets already provided by the firm include Franklin Bitcoin ETF (EZBC) and Franklin Ethereum ETF (EZET). This step will respond to the growing need for safe, controlled methods of investing in digital assets.

XRP is an integral component of the digital economy, and it is run by the XRP Ledger (XRPL). The blockchain has led to quick and inexpensive cross-border operations and is mainstream among financial institutions. The introduction of the XRPZ offers an easy and controlled access to investors to have access to this expanding market.

The launch of XRPZ has the potential to boost the institutional demand for XRP. The ETF provides an easy way to own XRP without the complications of owning it directly. In addition, the fact that XRP is not strongly related to traditional financial markets will make it attractive to a wider variety of investors.

With digital finance adoption in the traditional sector, XRPZ is likely to boost the presence of XRP. The move will increasingly expose the digital asset to mainstream investors, who would further contribute to its use in the global payment infrastructure.

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