Franklin Templeton Moves to Capture XRP ETF Amid Asset Manager Trend
Franklin Templeton is making headlines with its recent filing for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the major cryptocurrencies in the market. This move indicates a growing trend among asset managers to adopt cryptocurrencies into investment portfolios. Investors should take note of this shift as it illustrates confidence in XRP’s potential and further legitimizes cryptocurrency as an asset class. This filing could influence how other financial institutions view digital assets in the future.