@999eth
Grayscale and Franklin Templeton’s XRP ETF Officially Launches: What’s Next for the XRP Price?
The XRP market has entered one of its most critical weeks of the year as two major asset management firms, Grayscale and Franklin Templeton, roll out their spot XRP Exchange-Traded Funds (ETFs). Together, these launches are expected to inject new liquidity, bolster institutional confidence, and alter the long-term price trajectory of XRP.
XRP has reacted positively to the excitement. The token is currently trading around $2.08, showing a nearly 3% increase in 24 hours, outpacing Bitcoin's gains.
However, the real center of attention lies with Franklin Templeton’s XRP ETF. With over $1.5 trillion in assets under management, the firm is known for its cautious positioning strategy and long-term planning. Experts suggest investors should expect a steady accumulation rather than explosive initial numbers, but the impact could be far stronger than many anticipate.
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