XRP ETFs from Franklin Templeton, Grayscale debut on NYSE Arca
Key Takeaways
- Grayscale and Franklin Templeton launched spot XRP ETFs on NYSE Arca, expanding investor access to XRP.
- Grayscale also introduced the first US Dogecoin Trust ETF alongside zero management fees for initial investors.
Spot XRP exchange-traded funds from Grayscale Investments and Franklin Templeton made their debut on NYSE Arca today after these funds secured listing approval last week.
Grayscale also launched its Dogecoin Trust ETF today, the first US investment vehicle to provide exposure to the meme token.
The Grayscale XRP Trust ETF (GXRP) and Dogecoin Trust ETF (GDOG) charge no management fee for the first three months or for the first $1 billion in assets. After the fund exceeds $1 billion or the waiver period ends on February 24, 2026, the fee will be 0.4%.
“GXRP’s debut on NYSE Arca is another meaningful step in broadening access to the growing XRP ecosystem,” said Krista Lynch, Senior Vice President, ETF Capital Markets at Grayscale. “GXRP is designed to offer efficient tracking and straightforward exposure to XRP for investors.”
“With GDOG’s uplisting on NYSE Arca, we’re expanding investor exposure to a network that’s fast, low-cost, and leveraged by thousands of users every day,” Lynch said. “Dogecoin has evolved from internet culture to real-world utility, and that maturation aligns with our objective to make digital assets more accessible to a greater number of investors.”
The Franklin XRP Trust (XRPZ) carries a 0.2% annual sponsor fee, waived on the first $5 billion in assets until May 2026. This makes it a low-cost regulated option for US investors.
“Blockchain innovation is driving fast-growing businesses, and digital asset tokens like XRP serve as powerful incentive mechanisms that help bootstrap decentralized networks and align stakeholder interests,” said Roger Bayston, Head of Digital Assets at Franklin Templeton. “Within a diversified digital portfolio, we view XRP as a foundational building block.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trademark Dispute: OpenAI's 'Cameo' Restriction Sheds Light on Legal Challenges in AI
- U.S. Judge Eumi K. Lee temporarily banned OpenAI from using "Cameo" in its Sora app until December 22, citing trademark infringement by Chicago-based Cameo. - Cameo argued the term caused consumer confusion, with users contacting them about Sora's feature, highlighting brand overlap since 2017. - OpenAI contested the ruling, claiming "cameo" is generic, mirroring its legal strategy in India and facing broader IP lawsuits from authors and publishers. - The case underscores AI companies' legal risks, with
Fed Officials Divided on Rate Cut Despite Pressure from Trump
- The Fed faces internal division over December rate cuts, complicating Trump's push for lower borrowing costs amid conflicting economic signals. - New York Fed's Williams supports near-term rate adjustments, while Boston's Collins dismisses urgency, reflecting broader policy disagreements. - Trump's potential influence is limited by Fed dissent, with delayed inflation data and mixed labor market trends adding to decision-making uncertainty. - Global markets and geopolitical developments will shape investo
Hyperliquid News Today: DeFi Faces a Crucial Challenge: Hyperliquid Releases $314M in Tokens
- Hyperliquid will unlock 2.66% of HYPE tokens ($314M) on Nov 29, triggering debates over market stability and sell pressure. - Community and experts warn of risks from cliff unlocks, citing past price crashes and lack of binding sell restrictions for core contributors. - Despite $259B monthly trading volume, HYPE trades at $31 (-46% from peak), with technical indicators showing bearish signals. - Pre-unlock unstaking of $85.8M tokens and conflicting unlock timeline claims have intensified liquidity concer
Tech Leaders Join Forces to Close the AI Infrastructure Divide
- Tech giants form a "mega tech union" to accelerate AI, cloud, and data center infrastructure, driven by a projected $48.3B global AI agents market by 2030. - Rumble's $22,000 Nvidia-chip acquisition, backed by Tether , positions it as a key high-performance computing player amid surging AI demand. - France's AI-ready data center campus (1,400 MW) and $3.57B market growth by 2030 highlight Europe's role in global infrastructure expansion. - Agilent and Keysight's strong 2025 financials underscore the sect
Trending news
MoreCrypto prices
More
