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Franklin Templeton’s Spot XRP ETF Launches Today as U.S. Rollout Accelerates

Institutional managers target brokerage‑account demand following weeks of heavy whale accumulation.

Overview

  • Franklin Templeton’s EZRP begins trading on the CBOE today after a simplified S‑1 update, extending regulated access to XRP through a spot fund.
  • Bitwise plans to list its spot XRP ETF on November 20, with additional launches from 21Shares, CoinShares, Grayscale and WisdomTree positioned for November 20–25.
  • Canary Capital’s XRPC, which debuted on November 13, posted about $58 million in first‑day volume, setting the early benchmark and sharpening competition among issuers.
  • Santiment data shows a four‑month high in large transfers with 716 transactions over $1 million and roughly $768 million accumulated over four days by large holders.
  • XRP trades near $2.24 with a market capitalization around $135 billion, and chart signals cited in coverage (TD Buy, MACD above zero, support near $2.43) point to a potential rebound scenario.