Franklin Templeton Updates XRP ETF Filing Amid Growing Regulatory Momentum

Franklin Templeton Updates XRP ETF Filing Amid Growing Regulatory Momentum. Source: EconoTimes

U.S. financial powerhouse Franklin Templeton, which manages over $1.5 trillion in assets, has updated its S-1 filing with the U.S. Securities and Exchange Commission (SEC) for its proposed XRP exchange-traded fund (ETF). This move follows similar actions by Canary Capital and Bitwise, signaling increasing regulatory progress toward the potential approval of an XRP-based ETF in the United States.

An S-1 filing is a key regulatory document submitted to the SEC by companies seeking to list new securities on public markets. In this case, Franklin Templeton’s update to its XRP ETF application highlights notable procedural adjustments that may indicate progress in the SEC’s review process. Most notably, the revised filing includes shortened Section 8(a) language — a technical modification under the Securities Act that limits the SEC’s ability to delay a registration’s effectiveness. This specific change is often interpreted as a sign that regulators are preparing for an imminent decision or approval.

Franklin Templeton’s decision to update its XRP ETF filing underscores growing institutional interest in cryptocurrency-linked investment products, particularly those tied to major digital assets like XRP. The move comes at a time when investor appetite for crypto ETFs continues to rise, following the success of Bitcoin and Ethereum spot ETFs earlier this year. Industry observers believe that Franklin Templeton’s advancement could pave the way for wider acceptance of XRP-based financial instruments within mainstream investment portfolios.

The updated filing represents another step in bridging traditional finance with the evolving crypto ecosystem. As regulatory clarity continues to develop, the introduction of an XRP ETF could mark a pivotal moment for both institutional investors and the broader digital asset market, offering new opportunities for exposure to one of the most established cryptocurrencies in the sector.