Franklin XRP ETF (XRPZ)

The Franklin XRP ETF (XRPZ) is an exchange-traded product from Franklin Templeton that provides spot exposure to XRP, the native token of the XRP Ledger.

The fund holds XRP with a third-party custodian and is designed to reflect the price of XRP, less operating expenses, using a benchmark reference rate based on trading across major cryptocurrency platforms.

It is part of Franklin Templeton's lineup of digital asset funds, which also includes bitcoin and ether products, and gives investors a way to hold XRP price exposure through a brokerage account without managing wallets or private keys. The fund does not use leverage.