Franklin Templeton XRP ETF (XRPZ): The Wall Street Giant Enters

When a $1.5 trillion asset management giant enters the XRP ETF space with the industry's lowest fees, the market pays attention. Franklin Templeton's XRPZ, launched on November 24, 2025, represents the moment Wall Street's old guard fully embraced XRP.

Fund Overview

Why Franklin Templeton Matters

Franklin Templeton isn't just another ETF issuer. Founded in 1947, they've been managing money for nearly 80 years. They oversee over $1.5 trillion in assets across mutual funds, ETFs, and institutional accounts.

What This Means for XRP

• Legitimacy: A company this size doesn't enter a market frivolously. Their presence signals XRP has arrived
• Distribution: Franklin Templeton's relationships with financial advisors and institutions open XRP to new investors
• Staying Power: Unlike smaller issuers, Franklin won't exit if things get rough
• Regulatory Comfort: Their compliance infrastructure is unmatched

The Lowest Fee in the Market

At just 0.19% annually, XRPZ offers the lowest expense ratio among all XRP ETFs. This isn't a promotional rate—it's Franklin Templeton using their scale to undercut the competition.

Fee Comparison

Long-Term Fee Impact

Over a 20-year holding period with $50,000 invested (assuming 8% annual returns):

• At 0.19% (XRPZ): ~$9,500 in fees
• At 0.34% (Bitwise): ~$16,800 in fees
• At 0.75% (XRPR): ~$35,800 in fees

The difference between XRPZ and XRPR over 20 years is over $26,000. Fees matter.

Institutional Credibility

Franklin Templeton brings something no crypto-native issuer can: decades of institutional relationships.

Who Uses Franklin Templeton?

• Pension Funds: State and corporate pensions
• Endowments: University and foundation endowments
• Financial Advisors: RIAs and wirehouses nationwide
• Sovereign Wealth Funds: Government investment vehicles
• Insurance Companies: General accounts and separate accounts

Many of these institutions have "approved lists" of asset managers they can use. Franklin Templeton is on virtually all of them. This means XRPZ may be the only XRP ETF available to certain institutional investors.

Fresh Off the Launch Pad

XRPZ launched on November 24, 2025—just days ago as of this writing. While it's too early for comprehensive performance data, here's what we know:

• Launch Day: Strong institutional interest from day one
• Volume: Second-highest daily volume among newly launched ETFs
• Holdings: Rapidly accumulating XRP
• Tracking: Trading close to NAV with minimal premium/discount

Early Advantages

Being the newest entrant has some benefits:

• Optimized Structure: Learned from competitors' experiences
• Competitive Pricing: Set fees knowing the market landscape
• Modern Infrastructure: Built with current best practices

How to Buy XRPZ

1. Open any major brokerage account (Fidelity, Schwab, Vanguard, etc.)
2. Search for "XRPZ" on NYSE Arca
3. Verify it's Franklin Templeton's fund
4. Place your order (market or limit)
5. Consider holding in an IRA for tax-advantaged growth

Given Franklin Templeton's institutional relationships, XRPZ may also be available through platforms not yet offering other XRP ETFs.

Franklin vs. Competitors

XRPZ vs. Bitwise (XRP)

XRPZ vs. Canary Capital (XRPC)

The Verdict

Choose XRPZ If:

• You prioritize the lowest possible fees
• You're investing for 10+ years (fee savings compound dramatically)
• You value institutional credibility and staying power
• Your financial advisor or platform prefers established asset managers
• You're investing through a pension, endowment, or other institution

Consider Alternatives If:

• You want the simplest ticker (Bitwise's "XRP")
• You prefer funds with more trading history
• You specifically value crypto-native expertise

The Bottom Line

Franklin Templeton's XRPZ is arguably the best choice for long-term XRP investors. The 0.19% expense ratio is unbeatable, and the institutional backing provides confidence that this fund will be around for decades.

For short-term traders or those who prioritize simplicity over fees, Bitwise's "XRP" ticker might be more appealing. But for buy-and-hold investors—especially those in retirement accounts—XRPZ's low fees will likely generate superior returns over time.

Track XRPZ Performance

Watch Franklin Templeton's XRPZ on our live dashboard. Monitor daily volume rankings, compare AUM growth across all XRP ETFs, and track the race to 1 billion XRP.

Compare alternatives: Bitwise XRP ETF | Canary Capital XRP ETF | Grayscale XRP ETF

Related Reading

• What is an XRP ETF? - Complete beginner's guide
• How to Invest in XRP ETFs - Step-by-step instructions
• Understanding ETF Flows - Learn to read market signals
• XRP ETF Comparison - Compare all XRP ETFs

Disclaimer: This article is for educational purposes only and does not constitute investment advice. Past performance does not guarantee future results. Cryptocurrency investments are volatile. Always conduct your own research.