The post Franklin Templeton’s XRP ETF Launches, Surpasses 63 Million Assets appeared on BitcoinEthereumNews.com. Key Points: Franklin Templeton’s spot XRP ETF launches on NYSE Arca, managed by Coinbase Custody. Achieves holdings near 63 million XRP within a week. Market cap reaches $127.84 million, net asset value grows to $125.63 million. Franklin Templeton’s XRP spot ETF holdings surged to nearly 63 million XRP within a week of trading, as reported by PANews on December 6. This significant growth indicates strong investor interest and potentially positions the ETF as a key player in the cryptocurrency market. Franklin Templeton’s XRP ETF Hits $127.84 Million Franklin Templeton has successfully launched its spot XRP ETF on NYSE Arca, marking significant progress in regulated cryptocurrency offerings. Supported by Coinbase Custody, the ETF has swiftly gathered a substantial 63 million XRP holdings in just one week. With the ETF reaching nearly $127.84 million in market value and a net asset value of $125.63 million, interest in spot XRP exposure shows potential for further institutional investments. The number of outstanding shares has grown to 5.7 million, signaling strong demand. Significant market attention follows this ETF launch, with investors keenly observing potential impacts. Major industry figures have yet to issue formal statements, but the fund’s rapid growth suggests positive sentiment towards Franklin Templeton’s strategy in crypto investments. XRP Price and Regulatory Impact Analyzed Did you know? The launch of Franklin Templeton’s XRP ETF marked one of the fastest accumulations of digital assets within an ETF’s initial week, showcasing strong institutional appetite for crypto-tracked financial instruments. According to CoinMarketCap, XRP is currently priced at $2.04, with a market cap of $123.13 billion and dominance of 4.02%. The XRP supply stands at 60.33 billion against a maximum of 100 billion. XRP(XRP), daily chart, screenshot on CoinMarketCap at 15:03 UTC on December 6, 2025. Source: CoinMarketCap Coincu’s research team anticipates positive regulatory outcomes due to structured… The post Franklin Templeton’s XRP ETF Launches, Surpasses 63 Million Assets appeared on BitcoinEthereumNews.com. Key Points: Franklin Templeton’s spot XRP ETF launches on NYSE Arca, managed by Coinbase Custody. Achieves holdings near 63 million XRP within a week. Market cap reaches $127.84 million, net asset value grows to $125.63 million. Franklin Templeton’s XRP spot ETF holdings surged to nearly 63 million XRP within a week of trading, as reported by PANews on December 6. This significant growth indicates strong investor interest and potentially positions the ETF as a key player in the cryptocurrency market. Franklin Templeton’s XRP ETF Hits $127.84 Million Franklin Templeton has successfully launched its spot XRP ETF on NYSE Arca, marking significant progress in regulated cryptocurrency offerings. Supported by Coinbase Custody, the ETF has swiftly gathered a substantial 63 million XRP holdings in just one week. With the ETF reaching nearly $127.84 million in market value and a net asset value of $125.63 million, interest in spot XRP exposure shows potential for further institutional investments. The number of outstanding shares has grown to 5.7 million, signaling strong demand. Significant market attention follows this ETF launch, with investors keenly observing potential impacts. Major industry figures have yet to issue formal statements, but the fund’s rapid growth suggests positive sentiment towards Franklin Templeton’s strategy in crypto investments. XRP Price and Regulatory Impact Analyzed Did you know? The launch of Franklin Templeton’s XRP ETF marked one of the fastest accumulations of digital assets within an ETF’s initial week, showcasing strong institutional appetite for crypto-tracked financial instruments. According to CoinMarketCap, XRP is currently priced at $2.04, with a market cap of $123.13 billion and dominance of 4.02%. The XRP supply stands at 60.33 billion against a maximum of 100 billion. XRP(XRP), daily chart, screenshot on CoinMarketCap at 15:03 UTC on December 6, 2025. Source: CoinMarketCap Coincu’s research team anticipates positive regulatory outcomes due to structured…

Franklin Templeton’s XRP ETF Launches, Surpasses 63 Million Assets

2025/12/06 23:08
Key Points:
  • Franklin Templeton’s spot XRP ETF launches on NYSE Arca, managed by Coinbase Custody.
  • Achieves holdings near 63 million XRP within a week.
  • Market cap reaches $127.84 million, net asset value grows to $125.63 million.

Franklin Templeton’s XRP spot ETF holdings surged to nearly 63 million XRP within a week of trading, as reported by PANews on December 6.

This significant growth indicates strong investor interest and potentially positions the ETF as a key player in the cryptocurrency market.

Franklin Templeton’s XRP ETF Hits $127.84 Million

Franklin Templeton has successfully launched its spot XRP ETF on NYSE Arca, marking significant progress in regulated cryptocurrency offerings. Supported by Coinbase Custody, the ETF has swiftly gathered a substantial 63 million XRP holdings in just one week.

With the ETF reaching nearly $127.84 million in market value and a net asset value of $125.63 million, interest in spot XRP exposure shows potential for further institutional investments. The number of outstanding shares has grown to 5.7 million, signaling strong demand.

Significant market attention follows this ETF launch, with investors keenly observing potential impacts. Major industry figures have yet to issue formal statements, but the fund’s rapid growth suggests positive sentiment towards Franklin Templeton’s strategy in crypto investments.

XRP Price and Regulatory Impact Analyzed

Did you know? The launch of Franklin Templeton’s XRP ETF marked one of the fastest accumulations of digital assets within an ETF’s initial week, showcasing strong institutional appetite for crypto-tracked financial instruments.

According to CoinMarketCap, XRP is currently priced at $2.04, with a market cap of $123.13 billion and dominance of 4.02%. The XRP supply stands at 60.33 billion against a maximum of 100 billion.

XRP(XRP), daily chart, screenshot on CoinMarketCap at 15:03 UTC on December 6, 2025. Source: CoinMarketCap

Coincu’s research team anticipates positive regulatory outcomes due to structured ETF frameworks, potentially enhancing XRP adoption. The ETF’s success indicates a keen market interest, though extensive regulatory adaptations remain crucial for broader cryptocurrency acceptance.

Source: https://coincu.com/news/franklin-templeton-xrp-etf-launch/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

JPMorgan CEO warns that a weak Europe threatens US economic stability

JPMorgan CEO warns that a weak Europe threatens US economic stability

The post JPMorgan CEO warns that a weak Europe threatens US economic stability appeared on BitcoinEthereumNews.com. The Chairman and CEO of JPMorgan Chase, the United States’ largest bank, warns that the ongoing economic frailty of Europe could jeopardize US economic stability. Jamie Dimon stated that a “weak” Europe is not just a European problem, but one with serious implications for global growth, trade flows, and ultimately, the US economy. “If Europe goes down, we all go down,” Dimon warned, underlining that sluggish growth, burdensome regulation, and sluggish productivity on the continent represent a systemic risk for transatlantic and global prosperity. He made these remarks during the Reagan National Defence Forum, which was held on Saturday, December 6. At this time, Dimon insisted that “Europe has a real problem.” To elaborate on his claim, the CEO began by acknowledging that the continent has implemented some considerable safety measures. However, he voiced concerns about Europe’s approach, which pushes businesses away, chases off investment, and stifles innovation. This finding ignited heated debates among individuals. To address this controversy, Dimon highlighted a positive aspect of the continent. According to him, the continent is making a comeback. Dimon calls on the urgency to address the challenges that make Europe weak Earlier, Dimon raised concerns about Europe’s split status.  As the head of the largest bank in the US, he explained that this division presents a substantial challenge that the world encounters. This statement was revealed after the CEO shared his letter to shareholders earlier this year, noting that Europe has some critical issues that need to be addressed as soon as possible. Even with these challenges in place, Dimon expressed his excitement about the launch of the euro, a significant accomplishment for the region. He also acknowledged Europe’s efforts to establish peace among its trading partners, primarily with Ukraine.  Nonetheless, he urged the continent to work on its agreements within the…
Share
BitcoinEthereumNews2025/12/07 12:11