Why xrpz Is Trending Today?

Franklin Templeton has introduced the XRPZ ETF, a key player in digital asset exposure, on the NYSE Arca. This launch comes as demand for XRP, the cryptocurrency that the ETF tracks, is on the rise. Bloomberg has predicted a potential surge in crypto ETFs, with Franklin Templeton's XRPZ ETF being one of the latest additions to the market.

Franklin Templeton has introduced a new exchange-traded fund (ETF), Franklin XRP ETF (XRPZ), which invests in XRP, the cryptocurrency. The launch of XRPZ has sparked significant interest, with over $14 million in trading volumes within its first hours. This new ETF joins a growing list of crypto fund offerings, contributing to the increasing momentum and rally of XRP's price, which has held near $2.07 following the news.