NYSE Approves Franklin Templeton & Grayscale XRP ETFs

It is the first major institutional achievement of XRP in history as the New York Stock Exchange grants the Franklin Templeton XRP ETF and the Grayscale XRP ETF the rights to be listed. The certification that NYSE Arca will sign under the act of securities exchange in 1934 will eliminate all regulatory hurdles and allow full scale trading to commence by November 24.

Franklin Templeton mobilizes its XRP Trust to provide direct exposure of institutions to spot XRP. The company relies on Coinbase as the main custodian and leaves BitGo and Gemini as the redundancy layers to enhance the security. It is the most institution-friendly with a strategic waive of management fees up to the middle of 2026. Effects of Franklin Franklin has an influence in 13,000+ advisory firms, which would make tens of millions of mainstream investors available to XRP. The shift will relocate billions of current assets under management to the new vehicle which will provide the ETF with immediate liquidity on the first day.

The XRP ETF Wave of November 2025

The acceptance cancels the ETFs rollout: Franklin Templeton, Grayscale, Bitwise, Canary Capital, 21Shares, WisdomTree, and Amplify. These issuers all release the most rapid ETF growth in crypto history. According to analysts, there was no asset that experienced such a meteoric institutional adoption following regulatory approval, both in the case of BTC and ETH.

On launch, Canary Capital XRP ETF is appealing to 245 million dollars, which provides the best evidence of XRP exposure demand. Analysts estimated that Franklin Templeton itself would attract between $500 million to 1 billion during its first week of operations. JPMorgan predicts between 4 -8 billion cumulative inflows in the first year, which might buy more than 3 billion XRP in circulation and reduce supply.

NYSE Market Impact: XRP Readies Liquidity Shock

XRP is trading at an average of $2.15-2.20 and there are small-term falls due to traders repositioning in front of ETF inflows. These dips are referred to by analysts as pre-launch shakeouts and anticipate a surge in liquidity as soon as trading starts. Historical data of BTC ETFs reveals that institutional demand usually causes delayed price explosions and not instant pumps.

Research desks project a significant repricing of XRP when accessibility is easy by mainstream investors. Conservative models put XRP at $7-12 in months, whereas aggressive ones, with conversions of AUMs and tokenization of real-world assets, estimate it at $15-30. The use of RXP in cross-border funds transfers and settlement of stablecoins enhances its long-term value narrative

Market commentators point out that this ETF approval opens up the long-term institutional demand as opposed to the short-term price pumps. They underline that regulated ETFs make XRP a utility-backed asset as a part of the global financial infrastructure and precondition the implementation by banks, fintechs, and sovereign systems. The Franklin Templeton and Grayscale XRP ETFs gaining approval on the NYSE is the start of the most significant growth period of XRP.