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International Business Times
International Business Times
Business
Marvie Basilan

$XRP ETF: Franklin Templeton And All The Companies Seeking Approval From SEC So Far

SEC X XRP Franklin Templeton ETF Donald Trump Crypto Bitcoin Bitwise 21Shares
Representative image of a physical XRP token (Credit: Dmytro Demidko/Unsplash)

KEY POINTS

  • Among crypto filings for an ETF, $XRP is leading the race
  • Bitwise, Canary Capital, and 21Shares were the first-movers in the race
  • Big-time investment firms Grayscale and Franklin Templeton have since joined too

XRP, the native cryptocurrency of the XRP Ledger, has been on a wild ride in recent months following the resignation of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and the subsequent agreement with the financial regulator to close its case against Ripple, which oversees the Ledger's development.

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