“The Filing’s Preliminal, SO The Sec Has Up to 240 Days – Potentilly Late 2025 – to Approve or Deny It.”, – WRITE: www.coindesk.com
- Franklin Templeton Has Filed for a Franklin Xrp etf, Which Aims to Track The Spot Price of XRP Minus Fees, with Assets Held Via Coinbase Custody.
- The Etf Shares Will Be Traded On the CBOE BZX Exchange, and Shareholders Will Not Benefit From Xrp Ledger Forks or Airdrops.
On Tuesday, The Company Filed for a Franklin Xrp Etf, Aiming to Track The Spot Price of XRP Minus Fees, Whore Assets Are Held Via Coinbase Custdy.
Shares Will Trade On the CBOE BZX Exchange, with Authorized Participants Creating/Redeming Them in Blocks Using Cash, Convertred to Xrp Via A Third-Party. Shareholders Won’t Benefit From Xrp Ledger Forks or AirDrops.
The Filing’s Preliminal, SO The Sec Has Up to 240 Days – Potentilly Late 2025 – to Approve or Deny It. Franklin Joins Bitwise, 21shares, and Other in the XRP etf Race, Betting on a Crypto-Friendly Shift.
XRP IS UP 4.2% in the Past 24 Hours, in Line with a Broader Market Recovery.
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