TLDR
- Franklin Templeton ETF will include XRP, SOL, DOGE, ADA, XLM, and LINK from December 1.
- Franklin Templeton launched the XRPZ ETF with a 0.19% annual sponsor fee.
- XRP price rose to $2.24 after Franklin and Grayscale launched spot XRP ETFs.
- ETF follows CF Institutional Index with quarterly rebalancing and in-kind creation.
Franklin Templeton will expand its crypto index ETF portfolio on December 1, 2025, to include additional digital assets beyond Bitcoin and Ethereum. The move will introduce XRP, Solana (SOL), and Dogecoin (DOGE), among others, giving investors broader exposure to the digital asset market.
The Franklin Crypto Index ETF, trading under the ticker EZPZ, will now track the CF Institutional Digital Asset Index – US Settlement Price. The index is rebalanced quarterly and reflects market demand, index methodology, and updated asset weightings.
Expanded Portfolio Reflects Broader Market Demand
The new additions—XRP, SOL, DOGE, Cardano (ADA), Stellar Lumens (XLM), and Chainlink (LINK)—will be held in proportion to their weight in the underlying index. Previously, the ETF only included Bitcoin and Ethereum, but a recent rule change on the Cboe BZX Exchange allowed the fund to diversify.
“The fund is permitted to hold additional digital assets that are constituents of the Underlying Index,” stated the latest SEC filing. These changes align with updated exchange rules approved by the SEC, which allow index-based ETFs to hold a broader range of tokens.
Authorized participants will also be allowed to create and redeem shares using in-kind securities rather than just cash. This mechanism is expected to improve liquidity and reduce transaction costs for institutional investors.
Franklin Launches XRP Trust Alongside ETF Expansion
Franklin Templeton also introduced a dedicated XRP fund named Franklin XRP Trust (XRPZ), which trades on NYSE Arca. It is structured as a grantor trust and holds XRP directly. The fund carries an annual sponsor fee of 0.19% of net asset value and uses Coinbase as its custodian.
David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, stated that XRP plays a central role in global payment systems. The XRPZ launch follows recent approvals of similar funds by Grayscale and Bitwise.
On the same day, Grayscale introduced the GXRP and GDOG ETFs, which also offer direct exposure to XRP and Dogecoin. These product launches have seen quick institutional interest. XRP’s price increased by over 7% to $2.24 following the ETF announcements.
Market Activity and Competitive Landscape
According to TradingView data, XRP saw a price rally after the ETF news. Analysts note current technical patterns with support at $1.90 and resistance near $2.19. The ETF’s launch is seen as part of a broader trend toward regulated crypto investment vehicles.
Other asset managers, such as Bitwise and Canary Capital, have launched or filed for similar altcoin-focused ETFs. Canary’s XRP fund reportedly raised over $250 million on its first day, while Bitwise saw $118 million in inflows in its first week.
Over 40 crypto-related ETFs are now available in the U.S., with more in development. Franklin Templeton and Grayscale are also preparing to launch Dogecoin ETFs in the coming months, adding further competition in the altcoin ETF space.
Strategic Shift Toward Digital Assets
Franklin Templeton, which manages $1.617 trillion in assets, has been expanding its digital asset division. The firm plans to raise $25–30 billion in private markets by 2026, with a focus on AI and crypto technologies.
Roger Bayston, Head of Digital Assets at Franklin, called XRP a “core building block” in diversified crypto portfolios. The expansion of the ETF and launch of new products align with the company’s long-term strategy to meet institutional demand and provide regulated access to various digital assets.
With quarterly rebalancing and in-kind redemption features, the Franklin Crypto Index ETF aims to offer a transparent and liquid vehicle for crypto exposure while adjusting to evolving market conditions.





