XRP Jumps as Franklin Templeton Debuts Latest Crypto ETF

In brief

  • The Franklin XRP ETF listed on the New York Stock Exchange Arca on Monday and rose 8.7% in its debut.
  • A Canary Capital XRP fund listed earlier this month to huge opening-day inflows.
  • XRP’s price rallied on Monday but is down more than 13% over the past month.

XRP was recently up 9% over the past 24 hours as Franklin Templeton officially added to the growing list of exchange-traded fund tracking the asset’s price.

At the time of writing, XRP was trading for $2.24 and was up 5.2% over the past week, reversing recent declines, according to crypto price aggregator CoinGecko. XRP is down more than 13% over the past month.

The Franklin XRP ETF (XRPZ)  listed on the New York Stock Exchange Arca on Monday. It rose 8.7% from its…

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