Franklin Templeton Expands Crypto ETF to Include XRP, Solana, and Dogecoin

Growing interest in multi-asset crypto investing has prompted Franklin Templeton to rethink how its flagship digital-asset exchange-traded fund operates.

Key Takeaways

• Franklins crypto ETF will now include a wider list of tokens, not just BTC and ETH.
• The update arrives shortly after Franklin launched its spot XRP fund.
• Multiple XRP ETFs are now live in the U.S., boosting investor demand.

Instead of maintaining a narrow focus on only the two largest cryptocurrencies, the Franklin Crypto Index ETF is preparing to branch into a much wider selection of tokens — a move intended to mirror the evolving structure of the crypto market itself.

Rather than Bitcoin and Ethereum dominating the entire allocation, the ETF will start incorporating XRP, Solana, Dogecoin, Cardano, Stellar, and Chainlink, turning it into a more diversified representation of the asset class. The change isnt arbitrary — it becomes possible after fresh Cboe exchange rules approved by the SEC gave crypto funds permission to track every asset included in their benchmark indices rather than restricting themselves to BTC and ETH only.

This expanded investment approach goes live on December 1, 2025, and the ETFs balances will adjust every quarter, meaning digital assets can be added or removed based on index composition and market conditions. Franklin has also updated its operational processes: participants who create and redeem ETF shares are now allowed to use actual crypto assets, not only cash, which is expected to tighten tracking performance and improve liquidity.

XRP ETFs Ignite Demand Surge

The overhaul of the index ETF arrived right on the heels of another milestone for Franklin — the debut of its spot XRP investment vehicle, which began trading under the ticker XRPZ with a 0.19% sponsor fee. The timing could not have been more favorable: investor enthusiasm around regulated XRP products has skyrocketed.

Following several ETF releases hitting the market back-to-back, XRP finally saw price momentum, climbing more than 7% to $2.24. Market participants are calling this the strongest institutional-grade demand the token has ever seen.

Franklin is now part of a rapidly expanding lineup of issuers creating structured XRP exposure for U.S. investors.

• Grayscale entered the market yesterday with its new GXRP product
• Bitwise joined earlier, registering $25 million in first-day trading volume and $118 million in inflows during week one
• Canary Capital, the earliest mover this month, secured over $250 million on launch day

Some analysts have already suggested that no other alternative layer-1 ecosystem has attracted ETF attention at this pace — putting XRP in a rare category of digital assets now supported by multiple institutional-grade investment rails.

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.