Franklin Templeton Advances XRP ETF Application with Updated S-1 Filing

Franklin Templeton Advances XRP ETF Application with Updated S-1 Filing

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Franklin Templeton has submitted an updated S-1 registration statement for a proposed spot XRP exchange-traded fund. This move makes them the third issuer recently to modify the critical “8(a)” effectiveness language, signaling progress in the race for XRP ETF approvals.

Franklin Templeton has filed an updated registration statement for its proposed spot XRP exchange-traded fund, becoming the third issuer in recent days to tweak the pivotal “8(a)” effectiveness language that governs when an S-1 can go live. Bloomberg’s James Seyffart flagged the change and its timing, writing: “NEW: Franklin Templeton files updated XRP ETF s-1 […]