Franklin Templeton has filed with the SEC to launch the Franklin Trust, entering the XRP ETF race.
This move follows a surge in institutional interest in altcoin ETFs, with major players like Bitwise, Grayscale, and WisdomTree also filing for similar funds.
The SEC continues to review numerous crypto ETF proposals, with strong approval projections for altcoins like Dogecoin and Solana.
The landscape for crypto ETFs is expected to undergo significant transformation with the entry of Franklin Templeton and other major players.