The Franklin's XRP spot ETF XRPZ is launched today

Franklin Templeton launched the XRP exchange-traded fund ------ Franklin XRP Trust (XRPZ) on the NYSE Arca platform on Monday, providing investors with a regulated investment channel for XRP tokens.

This move places one of Wall Street's oldest financial institutions among the growing ranks of XRP fund issuers, which already includes Bitwise, Grayscale Investments, and Canary Capital. This issuance expands Franklin Templeton's cryptocurrency product line. The company currently manages ETFs linked to Bitcoin, Ethereum, and XRP, as well as its diversified digital asset fund, allowing traditional investors to access a broader range of crypto assets without the need for self-custody.