Franklin XRP Trust, through its series Franklin XRP ETF (ticker: XRPZ), is a Delaware statutory trust sponsored by Franklin Templeton that provides passive, exchange-traded exposure to the price of XRP, a digital asset associated with real-time, low-cost cross-border payments and settlement. The fund is designed to reflect generally the performance of XRP, before fees and expenses, by holding XRP directly and tracking the CME CF XRP-Dollar Reference Rate, New York Variant; it is listed on NYSE Arca and is intended for investors seeking regulated cryptocurrency exposure through the securities markets.
Founded in 2025 and headquartered in San Mateo, California, Franklin XRP Trust is part of Franklin Templeton’s exchange-traded fund platform and operates as a series trust within the firm’s broader asset-management business. The trust’s structure and public materials describe XRPZ as a grantor trust and a passive investment vehicle, with the fund family identified as Franklin Templeton Investments.
The trust’s core offering is the Franklin XRP ETF, which seeks to provide investment exposure to XRP rather than traditional operating revenues from manufacturing or services, and is therefore focused on securities-market access to digital-asset price performance. Its product listing emphasizes a single-asset structure centered on XRP, with portfolio holdings and benchmark exposure concentrated in that digital asset.
Recent major developments include the launch of Franklin XRP ETF on November 24, 2025, marking Franklin Templeton’s entry into XRP-focused exchange-traded products, and the fund’s ongoing listing and daily pricing updates through 2026 on NYSE Arca. Public fund materials in 2026 continue to show active reporting, including updated performance and portfolio documents, while market data sources indicate continued trading and asset accumulation after inception.