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American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.

Franklin Templeton’s XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an official filing with the US Securities and Exchange Commission on March 11.

On the same day, the SEC postponed decisions on multiple crypto ETF filings, including Grayscale’s proposal to convert its XRP Trust into an ETF.

Despite the growing XRP ETF filing frenzy, BlackRock — the issuer of the largest spot Bitcoin (BTC) ETF — has yet to submit a filing for an XRP-based product.

Who has filed for an XRP ETF in the US?

As of March 12, nine companies filed for XRP ETF products in the US, including major issuers like Bitwise, ProShares, 21Shares and others.

Bitwise, one of the world’s largest crypto funds managers, was the first firm to submit a Form S-1 filing for an XRP ETF on Oct. 2, 2024.

Canary Capital subsequently followed Bitwise’s lead, filing a Form S-1 for a similar product on Oct. 8, 2024.

Switzerland-based crypto investment firm 21Shares and the US ETF provider WisdomTree also filed for XRP ETFs in late 2024, with filings coming in November and December, respectively.

Asset manager ProShares joined the XRP ETF race in 2025 by filing for several XRP ETF products with the SEC on Jan. 17, including the ProShares XRP ETF and three additional XRP investment products.

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Another XRP ETF filing subsequently came from the European crypto investment firm CoinShares in January, with Grayscale proposing to convert its XRP Trust into an XRP ETF trading on the New York Stock Exchange on Jan. 30.

Volatility Shares, a Florida-based financial services firm founded in 2019, also filed three XRP ETF products on March 7, including the Volatility Shares XRP ETF, the Volatility Shares 2x XRP ETF and the Volatility Shares -1x XRP ETF.

Other filings featuring XRP ETFs

Beyond dedicated XRP ETF filings, at least two asset managers have included XRP in broader crypto ETF products.

On Jan. 21, asset manager REX-Osprey filed for an “ETF Opportunities Trust,” which includes seven ETFs tracking assets including major coins such as XRP and Bitcoin, as well as memecoins like Bonk (BONK) and Official Trump (TRUMP).

Similarly, Tuttle Capital Management submitted an ETF opportunities trust filing, including 10 daily target ETFs, covering assets such as XRP and Melania (MELANIA).

ETF compositions in the ETF opportunities trusts by Tuttle Capital Management and REX-Osprey. Source: SEC

Apart from BlackRock, a number of crypto ETF providers have not yet filed for an XRP ETF, including firms such as Invesco, VanEck, ARK Invest, Fidelity Investments and Galaxy Digital.

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