XRP ETF Gets a Boost, Franklin Templeton Clears Key SEC Hurdle

Franklin Templeton has advanced its plans to launch a spot XRP exchange-traded fund by updating its SEC filing. The firm removed the “8(a)” delay clause, clearing the way for automatic registration once all conditions are met. This adjustment mirrors tactics used in earlier Bitcoin and Ethereum ETF approvals, signaling growing momentum toward XRP-based products.

Updated Filing Signals Confidence in SEC Approval

The updated S-1 registration statement was submitted to the U.S. Securities and Exchange Commission last week. By removing the 8(a) clause, the firm gains authority to make its registration effective automatically after fulfilling the required conditions. This move suggests readiness for swift approval and market entry.

The 8(a) clause had allowed the SEC to delay the effectiveness of ETFs until direct authorization. Franklin Templeton’s revision eliminates that barrier, accelerating the process. Similar strategies previously helped issuers of Bitcoin and Ethereum ETFs launch their funds faster.

Growing Institutional Interest in XRP-Based Products

Market data indicate a surge in interest in XRP investment products. REX–Osprey’s XRP fund recently surpassed $100 million in assets under management. This marks a milestone for XRP-based instruments in a rapidly expanding sector.

CME Group has also introduced new XRP options contracts in response to strong demand for its futures. This addition enhances liquidity and widens institutional exposure to the token.

Meanwhile, ProShares has filed for its CoinDesk Crypto 20 ETF to track major assets, including XRP and Solana. The growing number of XRP-related filings suggests expanding institutional focus on the coin.

Industry Momentum Builds Around Tokenization Prospects

CoinShares also updated its XRP ETF filing, designating the ticker symbol “XRPL” for a planned Nasdaq listing. These efforts indicate a broader push among asset managers to establish a presence in the XRP market.

Franklin Templeton’s global assets exceed $1 trillion, giving it significant weight in digital asset development. Its inclusion of XRP among its ETF lineup marks another step toward mainstream acceptance of cryptocurrencies. The company already manages similar Bitcoin and Ethereum products, reflecting its steady expansion into blockchain-based finance.

At Ripple’s Swell 2025 event, a BlackRock executive declared, “the market is ready, trillions are coming on-chain.” The statement suggests that BlackRock could soon tokenize traditional assets on the XRP Ledger. Reports indicate potential collaboration with Securitize for tokenizing bonds and real estate.

Such partnerships could mark a shift in institutional blockchain adoption. They may also position XRP as a foundational platform for global asset tokenization. Could this be the next major inflection point for traditional finance, integrating with blockchain systems?

Conclusion

Franklin Templeton’s removal of the SEC delay clause marks a major step toward launching the Spot XRP ETF. With institutional support from firms like BlackRock and CoinShares, momentum builds for broader XRP adoption in regulated crypto investment markets.

Related: Crypto ETF Interest Shifts to XRP DeFi with Tundra Launch