In a landmark move for cryptocurrency adoption, Franklin Templeton, the $1.6 trillion asset management titan, has positioned XRP at the heart of its digital asset strategy with the launch of a spot exchange-traded fund. The firm’s public endorsement, citing the XRP Ledger’s utility for global payments, represents one of the most significant validations of the cryptocurrency by a legacy financial institution to date, signaling deepening institutional confidence in the asset class.
about Franklin Templeton's XRP ETF Signals Major Institutional Crypto ShiftCoinbase Custody Trust Company
0 in Finance and 0 in Crypto last weekRemittix Revolutionizes Global Payments with Innovative Blockchain Solution
XRP is gaining attention as experts predict a new $0.0645 token could surpass Solana and Cardano by 2027, while Solana’s institutional interest grows with Franklin Templeton’s ETF filing. Cardano faces challenges despite founder Charles Hoskinson’s optimism about its future.Remittix (RTX) is emerging as a solution for global payments, offering low-cost, immediate crypto-to-fiat conversions without intermediaries. With a strong presale raising over $12.7 million, Remittix is positioned for significant growth as it addresses real-world financial inefficiencies.
about Remittix Revolutionizes Global Payments with Innovative Blockchain SolutionGrayscale Files to Launch First Spot Cardano ETF in the US
Grayscale, through NYSE Arca, has filed to launch a spot Cardano ETF, marking its first standalone investment product for Cardano. The proposal includes Coinbase Custody Trust as the asset custodian and BNY Mellon as the administrator, aiming to enhance market competition. This filing follows a series of similar requests from Grayscale and other asset managers for various crypto ETFs, reflecting a growing interest in the market.
about Grayscale Files to Launch First Spot Cardano ETF in the USGrayscale Files for Spot Dogecoin ETF Listing on NYSE Arca
NYSE Arca has filed a 19b-4 form with the SEC to list and trade Grayscale’s spot Dogecoin ETF, following the launch of its Dogecoin Trust. This ETF aims to provide investors exposure to Dogecoin without direct ownership, with Coinbase Custody Trust as custodian and BNY Mellon handling administration. Grayscale is also pursuing ETFs for XRP, Litecoin, and other altcoins, building on its recent regulatory successes with spot Bitcoin and Ethereum ETFs after a favorable court ruling against the SEC.
about Grayscale Files for Spot Dogecoin ETF Listing on NYSE ArcaGrayscale Pursues XRP ETF Approval Amid Growing Demand for Crypto Investments
Grayscale has filed with the SEC to convert its XRP Trust into an exchange-traded fund, with Coinbase Custody Trust as custodian and BNY Mellon as transfer agent. This move follows a surge in demand for digital asset ETFs, particularly after the successful conversions of its Bitcoin and Ethereum Trusts. Grayscale has also rebalanced its Digital Large Cap Fund, increasing Bitcoin and Ethereum’s share to 90% while adding Cardano and removing Avalanche.
about Grayscale Pursues XRP ETF Approval Amid Growing Demand for Crypto Investments