The post Franklin Templeton and BlackRock square off on XRP appeared on BitcoinEthereumNews.com.

Franklin Templeton joined the XRP-linked investment products lineup on Monday with the launch of the Franklin XRP Trust (XRPZ) on NYSE Arca. Other big ETF players like BlackRock have yet to file for funds tracking Ripple’s token, and Geraci is on the fence on whether they ever will. Reacting to commentary from Franklin Templeton’s head of ETF product, calling XRP foundational, President of NovaDius Wealth Management Nate Geraci said there is a competition between asset managers on branded exposure to leading cryptos. “$1.7tril asset manager Franklin Templeton says xrp ‘plays a foundational role in global settlement infrastructure’… Will be highly interesting to see how world’s largest asset managers draw battle lines around various crypto assets. BlackRock sitting out xrp ETFs, for example,” he wrote on X early Tuesday. Franklin Templeton’s XRPZ began trading on NYSE Arca with early activity showing 768,692 shares exchanged as of Monday’s close, although full-day inflow figures were not yet available. David Mann, head of ETF Product and Capital Markets at Franklin Templeton, said Monday: “XRPZ offers investors a convenient and regulated way to access a digital asset that plays a foundational role in global settlement infrastructure, through the transparency and oversight of an ETF.” Four spot XRP ETFs now live, no word from BlackRock November has now witnessed four spot ETF funds launch in the span of 12 days, starting with Canary Capital XRP ETF, which commenced trading on Nasdaq under the symbol XRPC on November 13. Steven McClurg, CEO of Canary Capital, said in announcing the launch: “XRP is one of the most established and widely used digital assets in the world; accessibility to XRP through an ETF will enable the next wave of adoption and growth in a critical blockchain system.” Bitwise launched its spot XRP ETF on the New York Stock Exchange…

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Filed under: News - @ November 25, 2025 12:27 pm