Franklin Templeton Accelerates XRP ETF Launch Amid November Deadline

Franklin Templeton is pushing hard to debut its XRP exchange-traded fund (ETF) this November, marking a significant move in the race for institutional crypto access.

The asset manager filed an updated S-1 registration with the U.S. Securities and Exchange Commission (SEC) featuring a crucial stripped-down 8(a) clause, designed to eliminate regulatory delay tactics.

This maneuver mirrors earlier successful strategies used to fast-track Bitcoin and Ethereum ETFs.

ETF analyst James Seyffart confirmed on X, “@FTI_US files updated XRP ETF S-1 with shortened 8(a) language. Looking to launch this month.” This update positions Franklin Templeton at the forefront of the growing XRP ETF momentum, joining other major players like Canary Capital and Bitwise who are also amending their filings to speed up approval and launch processes.

Institutional Demand Drives XRP ETF Filings Surge

The recent wave of XRP ETF filings reflects mounting institutional interest and confidence in Ripple’s token as a mainstream investment vehicle.

Canary Capital aims for a mid-November listing with its spot XRP ETF, removing clauses allowing SEC to delay effectiveness, positioning itself for an automatic green light pending Nasdaq approval.

Bitwise has also submitted what is considered its “final amendment,” aiming to trade on the NYSE with a competitive management fee.

This synchronized filing activity comes after the success of the REX Osprey XRP ETF launched in September, now managing over $105 million in assets, alongside CME Group expanding XRP derivatives amid strong futures demand.

At the same time, CoinShares and ProShares are aiming to launch ETFs tracking XRP and other major crypto assets on Nasdaq, signaling a broader institutional embrace.

Franklin Templeton’s update reflects strategic confidence. The firm’s removal of the delaying 8(a) provision limits the SEC’s ability to indefinitely postpone approval, a hurdle that previously stalled crypto ETFs.

This development follows XRP meeting key SEC benchmarks, such as the six-month futures trading requirement, and validation from successful ETF launches in markets like Canada and Brazil.

With regulatory clarity tightening, the SEC is expected to act decisively within the October-November window.

The removal of delaying tactics and automatic effective filings point to confidence that XRP ETFs will no longer be sidelined, marking a turning point for crypto exposure in traditional portfolios.

Market watchers anticipate that combined XRP ETF inflows could surpass $10 billion soon, driving significant price momentum through late 2025 and early 2026.

This leap signals a shift from speculative to institutional-led crypto adoption, reflecting the increasing maturity of digital asset markets.