XRP ETF Frenzy Erupts: $14 Million In Early Volumes As Franklin Adds XRPZ To The Race

Franklin Templeton launched the Franklin XRP ETF (NYSE:XRPZ), providing investors with regulated exposure to XRP (CRYPTO: XRP), the digital asset driving fast and affordable cross-border payments. The ETF invests in a way that seeks to track, before fees and expenses, the price of XRP, using the CME CF XRP-Dollar Reference Rate (New York Variant).

The launch lands during a bustling stretch for XRP ETFs, with several issuers hitting the market almost at once — and traders piling in.

First-Hour Volumes Top $13.9 Million, Bitwise Leads the Pack

Per data from Coinpedia, the first hour of trading across the newly launched XRP ETFs saw a combined $13.94 million in turnover, ranking among the strongest debuts for a digital-asset ETF cluster.

Bitwise XRP …

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