Franklin Templeton Spot XRP ETF Nears Regulatory Approval

Franklin Templeton’s spot XRP ETF, trading code XRPZ, is now listed on the DTCC website, signaling its regulatory review’s final stages, with custody managed by Coinbase Trust.

This procedural move may herald significant institutional inflows into XRP, improving liquidity and accessibility, awaiting SEC’s approval for official market trading.

Franklin Templeton’s XRP ETF Nears Approval with DTCC Listing

Franklin Templeton’s XRP Exchange-Traded Fund (ETF), labeled XRPZ, has been listed as a procedural step on the Depository Trust & Clearing Corporation (DTCC) platform. This action signals that the regulatory review of the fund is nearing completion, although it doesn’t suggest formal approval yet.

The ETF’s potential approval could introduce a credible option for institutional investments in XRP, directly impacting the cryptocurrency’s market landscape by enhancing liquidity and investor influx. Market analysts estimate possible $5 billion in inflows within the ETF’s initial month of operation.

Franklin Templeton’s $XRPZ ETF now listed on DTCC after latest S-1 amendment. — BankXRP, Community Member

Community reactions are mixed; proponents highlight the benefit to XRP liquidity and legitimacy, while some caution against premature optimism. Online forums and social media discussions have been dominated by speculative sentiments on the fund’s impending impact on XRP’s price dynamics.

Historical Market Impact of Digital Asset ETFs and XRP Outlook

Did you know? Previous approvals of digital asset ETFs, such as Bitcoin and Ethereum, facilitated substantial trading activity boosts and have generally correlated with short-term price increases.

According to CoinMarketCap, as of November 7, 2025, XRP’s price is $2.33 with a market cap of $140.26 billion. Despite a recent daily increase of 5.52%, its price has seen a 19.53% decline over the past 30 days. XRP holds a market dominance of 4.02%, with a 24-hour trading volume of $5.92 billion.

The Coincu research team suggests that the approval of the ETF may substantially boost XRP’s market position, underpin a sustained rise in demand, and magnify market dynamics akin to those seen following the introduction of other asset-based ETFs. Given past precedents, the regulatory approval could potentially stabilize XRP’s recent volatility.