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Franklin Templeton seeks SEC approval for an XRP-based ETF, boosting XRP's value by 6%.
Franklin Templeton, a major asset manager, has applied to the SEC for permission to launch an XRP-based ETF, joining others like Grayscale and Canary Capital waiting for regulatory approval.
The proposed ETF, to trade on the Cboe BZX Exchange with Coinbase as custodian, aims to reflect XRP's performance.
XRP prices have risen by 6% following the news, amid the SEC's delayed decisions on similar ETF applications.
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Franklin Templeton busca la aprobación de la SEC para un ETF basado en XRP, aumentando el valor de XRP en un 6%.