Franklin Templeton’s XRP ETF Hits 100M XRP Milestone, Boosting Institutional Confidence
Franklin Templeton’s XRP spot ETF (XRPZ) hits a major milestone, surpassing 100 million XRP, now holding 105.9M XRP valued at $200M, signaling strong institutional and retail interest in XRP, according to analyst Diana.
Franklin Templeton’s XRP ETF milestone highlights rising institutional confidence in XRP. By offering a regulated, accessible bridge between traditional finance and crypto, ETFs are positioning XRP as a key player in the accelerating adoption of digital assets by major investors.
Analyst Diana highlights that surpassing 100 million XRP isn’t just symbolic, it reflects growing institutional trust and demand.
Holding over $200 million in XRP, the ETF underscores strong appetite for digital assets offering liquidity, scalability, and proven cross-border payment potential.
Notably, this milestone signals a potential shift in market sentiment. XRP, historically sensitive to regulatory and institutional developments, may gain momentum as Franklin Templeton’s high-profile ETF attracts confidence from other ETFs, hedge funds, and crypto-focused investors. This could boost XRP’s price and trading volume while reinforcing its growing role in global finance.
The ETF’s expansion also reflects a broader trend: institutional investors are increasingly seeking regulated entry points into crypto. With traditional financial giants embracing digital assets, cryptocurrencies continue to gain legitimacy and mainstream acceptance.
Well, Franklin Templeton XRP ETF surpassing 100 million XRP marks a pivotal moment, highlighting strong institutional trust and cementing XRP’s role in the crypto investment landscape. This milestone signals growing confidence in XRP’s long-term potential and underscores the rising integration of digital assets into mainstream institutional portfolios.
Conclusion
Franklin Templeton’s XRP ETF exceeding 100 million XRP marks a major vote of institutional confidence, signaling growing mainstream adoption and reinforcing XRP’s credibility as a regulated, investable digital asset. This milestone could fuel further inflows and upward momentum in the crypto market.
Source: https://coinpaper.com/13371/franklin-templeton-s-xrp-etf-breaks-100-million-coins-overdrive-mood-engaged
