Franklin Templeton’s XRP ETF Launch: A Major Step Toward Institutional Adoption
Franklin Templeton has taken a significant step in institutionalizing XRP with the launch of the XRPZ ETF on NYSE Arca. This new fund allows investors to gain exposure to XRP's price movements without the complexities of managing private keys or dealing directly with cryptocurrency exchanges. The ETF offers regulated custody and daily transparency, making it a compliant and accessible option for institutional and retail investors alike. David Mann, Head of ETF Product at Franklin Templeton, emphasized that "XRPZ provides a compliant gateway to digital asset exposure," highlighting the growing acceptance of XRP in traditional finance. This development is a bullish signal for XRP's future, as it underscores increasing institutional validation and could pave the way for further adoption and price appreciation. As of November 2025, this move positions XRP as a more mainstream asset, potentially attracting new capital and driving long-term growth in the cryptocurrency market.
Franklin Templeton Launches XRP ETF, Signaling Institutional Validation
Franklin Templeton has launched the XRPZ ETF on NYSE Arca, marking a significant milestone for institutional adoption of XRP. The fund tracks xrp price movements while offering regulated custody and daily transparency, eliminating the need for investors to manage private keys or navigate crypto exchanges directly.
"XRPZ provides a compliant gateway to digital asset exposure," said David Mann, Head of ETF Product at Franklin Templeton. The move comes as traditional finance increasingly seeks regulated access to crypto assets with established utility like XRP.
The ETF structure specifically addresses security and compliance concerns for institutional participants. This development follows growing Wall Street interest in crypto investment vehicles that meet traditional regulatory standards.
Ripple (XRP) Faces Investor Skepticism as Price Decline Sparks Search for Alternatives
Ripple's XRP continues to struggle, trading NEAR $1.90 amid a 19% monthly decline. Market data suggests incomplete capitulation among short-term holders, with spent coin metrics indicating potential further downside to $1.57 if current support fails. The absence of a decisive bounce despite negative NUPL readings underscores persistent selling pressure.
Investors are increasingly eyeing alternatives like Mutuum Finance (MUTM) as XRP's failure to reclaim $2.08 resistance maintains bearish sentiment. The cryptocurrency's healing process appears delayed, with historical patterns suggesting stronger capitulation events typically precede sustainable recoveries.
21Shares XRP ETF Launch Sparks Bullish Momentum for XRP
European digital asset provider 21Shares has secured SEC approval to list its XRP ETF under the ticker "TOXR" on November 29, fueling speculation of a potential XRP price surge above $3. The announcement follows a wave of institutional interest, including Bitwise's XRP ETF, which attracted $135 million in inflows within three days of launch.
Hunter Horsley, Bitwise CEO, highlighted $18 million in single-day inflows, signaling growing institutional confidence. Analysts suggest the ETF wave could reshape liquidity cycles, with VALR CEO Farzam Ehsani noting their transformative impact on market behavior.
The TOXR ETF joins a competitive landscape including Canary Capital's offering, while Grayscale, CoinShares, and WisdomTree await regulatory clearance. Market observers now watch for whether XRP can capitalize on this momentum to break key resistance levels.
Ripple's RLUSD Stablecoin Approved for Trading in Abu Dhabi
Ripple's dollar-backed stablecoin, RLUSD, has been formally recognized as an Accepted Fiat-Referenced Token by Abu Dhabi's Financial Services Regulatory Authority (FSRA). This designation enables merchants within the Abu Dhabi Global Market (ADGM) to utilize the digital currency, with licensed entities now permitted to accept and issue payments using RLUSD, provided they meet regulatory requirements.
The UAE has witnessed a 55% surge in stablecoin transactions in 2024, positioning Ripple to compete with dominant players like Tether (USDT) and Circle (USDC) in the region. The FSRA's endorsement is expected to amplify RLUSD's trading volumes and expand its role in the UAE's $400 billion international trade market.
"Regulatory compliance and trust are non-negotiables in institutional finance," said Jack McDonald, Ripple's Senior Vice President of Stablecoins. "RLUSD's growing adoption for Core financial uses, such as collateral and payments, is making it the preferred USD stablecoin for major institutions."
