Franklin Templeton Updates XRP ETF Filing Amid Launch Push
Franklin Templeton updates XRP ETF S-1 filing, signaling a potential launch by the end of this month.
- Franklin Templeton has revised its XRP ETF S-1 filing.
- The update includes shortened 8(a) language, hinting at urgency.
- A November launch is now more likely, according to Bloomberg.
Franklin Templeton, one of the leading asset management firms in the U.S., has made a significant move toward launching an XRP exchange-traded fund (ETF). According to Bloomberg ETF analyst James Seyffart, the firm recently updated its S-1 filing with the U.S. Securities and Exchange Commission (SEC), notably shortening the 8(a) language—an important legal section that signals a filing’s readiness to go live.
This strategic adjustment could indicate that Franklin Templeton is preparing to roll out its XRP ETF before the end of November 2025.
What Does the 8(a) Change Mean?
In ETF regulatory filings, the 8(a) section includes legal wording related to the fund’s registration and effectiveness. Shortening this section typically suggests that a firm is in the final stages of preparing for launch. In this case, the updated filing by Franklin Templeton reflects their urgency and optimism regarding SEC approval.
James Seyffart noted that this language change is a common sign that a firm is aiming to go live within weeks, not months. The timing is particularly important as the crypto industry eagerly awaits broader ETF approvals beyond Bitcoin and Ethereum.
XRP ETF Could Change the Game
If approved, Franklin Templeton’s XRP ETF would mark a major milestone for the digital asset and the broader altcoin market. XRP has long been at the center of legal and regulatory battles, especially with the SEC. However, recent legal clarity and a shift in sentiment have opened the door for institutional-grade products like ETFs.
An XRP ETF would offer traditional investors exposure to the asset through regulated financial products, potentially driving more capital into XRP and increasing its legitimacy in the eyes of Wall Street.
As we move through November, all eyes will be on the SEC and Franklin Templeton’s next steps.
