- Franklin expands its crypto index ETF to include six major altcoins.
- New SEC-approved rules allow broader asset tracking in crypto funds.
- XRP demand surges as multiple US spot XRP products launch.
Franklin Templeton is widening the scope of its flagship digital-asset fund, marking one of the most significant shifts yet in how traditional finance approaches the crypto market.
The firm is moving beyond its long-standing focus on Bitcoin (BTC) and Ethereum (ETH) and opening the door to a broader mix of leading altcoins.
Franklin Crypto Index ETF adds more coins
According to a filing made on November 24, the Franklin Crypto Index ETF will begin tracking XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Stellar (XLM), and Chainlink (LINK) on December 1, 2025, turning it into a far more comprehensive representation of the market.
Notably, the recently approved Fresh Cboe exchange rules have played a key role in making this expansion possible.
For the first time, issuers are allowed to include any cryptocurrency present in their benchmark indices rather than limiting exposure to only Bitcoin and Ethereum.
Franklin’s ETF is among the earliest to capitalise on the new framework, signalling how fast the regulated side of crypto investing is moving.
Particularly, instead of dominance by the two largest cryptocurrencies, the fund will now adjust its holdings each quarter to match index changes and market conditions.
These scheduled rebalancings open the door for assets to be added or removed depending on performance, liquidity, and market relevance.
The firm has also modernised its operational model, allowing authorised participants to create or redeem ETF shares using actual crypto assets instead of cash only, a change that should tighten tracking accuracy and improve liquidity.
This adjustment is likely to make the ETF more efficient during high-volatility periods, a common challenge for digital-asset funds.
Franklin Templeton recently launched a spot XRP ETF
Franklin Templeton’s index ETF overhaul follows closely behind another milestone: the launch of its spot XRP fund, trading under the ticker XRPZ with a 0.19% sponsor fee.
The debut of the XRP ETF arrived at a moment when interest in regulated XRP exposure has surged across the US market.
Franklin has now joined a fast-growing group of firms racing to meet the appetite for XRP-based products.
Canary Capital set the pace earlier in the month, securing more than $250 million on the launch day of its XRP ETF.
Other firms that have successfully launched XRP ETFs are Grayscale and Bitwise, which recorded $25 million in first-day volume and $118 million in inflows during the first week of trading.
This rapid expansion has placed XRP among the few assets outside BTC and ETH that have attracted this speed of ETF development.
As a result, the XRP price has rebounded, climbing more than 7% on November 25 to an intraday high of $2.28 as institutional-grade inflows begin accelerating.
