Franklin Templeton Files to List XRP Spot ETF on CBOE BZX Exchange

The Chicago Board Options BZX Exchange (CBOE) has submitted a 19b-4 form on behalf of Franklin Templeton, proposing a rule change to list and trade shares of the Franklin XRP ETF in the US.

Franklin Templeton is getting closer to launching its hotly anticipated XRP ETF, a move that has sparked significant interest in the digital asset sphere.

The Chicago Board Options BZX Exchange (CBOE) (NASDAQ:CBOE) has submitted a 19b-4 form on behalf of Franklin to propose a rule change that would list and trade shares of the Franklin XRP ETF.

This filing comes shortly after Franklin filed an S-1 registration form with the SEC for its proposed investment product, which will be investing in XRP, the fourth-largest crypto asset by market capitalization. The digital asset saw a 2% surge to $2.3 following the SEC filing, according to CoinGecko (CRYPTO:COIN) data.

The stellar fund manager, known for managing around $1.5 trillion in client assets, is now joining a growing lineup of major fund managers who are applying for approval to list ETFs tied to crypto assets.

So far this year, several firms have filed to list Bitcoin and Ethereum ETFs, while others are setting their sights on diverse digital assets like Solana (CRYPTO:SOL), Dogecoin (CRYPTO:DOGE), Cardano (CRYPTO:ADA), Litecoin (CRYPTO:LTC), and Hedera (CRYPTO:HBAR).

Earlier on Wednesday, Cboe also submitted a 19b-4 form to list Franklin’s spot Solana ETF.

Franklin is actively expanding its crypto offerings, with plans to introduce more ETFs, according to Roger Bayston, who helms Franklin’s digital asset strategy.

The firm’s 2025 strategy is heavily focused on diversification, as they're assessing various crypto assets for potential ETF products.