Franklin Templeton has become the latest firm to file for a spot XRP ETF in the US, following the SEC's decision to delay multiple crypto ETF filings.
New Filings for XRP ETFs in the US
As of March 12, nine companies have filed for XRP ETF products in the US, including major issuers such as Bitwise, ProShares, and 21Shares. Bitwise was the first firm to submit a Form S-1 for an XRP ETF on October 2, 2024.
Other Filings Featuring XRP ETFs
Beyond dedicated XRP ETF filings, two asset managers have included XRP in broader crypto ETF products. For instance, REX-Osprey filed for an 'ETF Opportunities Trust,' which includes XRP.
Companies Yet to File for XRP ETFs
Despite the growing number of filings, major players like Invesco, VanEck, and ARK Invest have yet to file for an XRP ETF.
The filing for XRP ETFs continues to grow, offering new opportunities for investors. However, many major companies remain on the sidelines, watching the developments unfold.
