Crypto Assets expert Chad Steingraber posted on X predicting that the Franklin Templeton XRP ETF, once launched, could see a volume of up to 30 million dollars. The fund received listing approval from the New York Stock Exchange last week and is set to officially launch today. He expects that the fund's first-day volume will reach the equivalent of 15 million XRP and is expected to challenge 50 million XRP.
Steingraber mentioned that Franklin Templeton usually launches new products cautiously. Real growth will be gradual and will require financial advisors to start recommending the product only after it has accumulated a certain performance record.
He also pointed out that the initial investment amount of the ETF is relatively small. This means that most of the trading activity on the first day should come from net inflows from investors. The official launch of the fund has been confirmed after being approved for listing on the New York Stock Exchange Arca and notifying the U.S. Securities and Exchange Commission (SEC). The Franklin XRP Trust will trade under the ticker symbol XRPZ and will charge a 0.19% initiation fee. (CoinGape)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Africa’s cryptocurrency adoption skyrockets by 52%, with regulation and mobile payments accelerating the rapid spread of digital assets
Gate News updates: Africa’s cryptocurrency market is seeing rapid growth. According to Ripple’s latest report, the total on-chain transaction value in the region grew 52% year over year, a trend closely tied to more and more countries putting clear cryptocurrency regulatory rules in place. Countries such as South Africa, Nigeria, Kenya, and Mauritius are gradually bringing digital assets under financial supervision, giving businesses and users greater confidence and thereby boosting cryptocurrency adoption rates.
GateNews16m ago
XRP Critical Three Weeks: U.S. Senate Legislative Progress Could Decide Whether to Break Above $1.60 or Fall Below $1.20
As the XRP price enters a key policy window, the progress of the U.S. Senate's “CLARITY Act” over the next three weeks will affect its 2026 outlook. XRP is currently trading at about $1.34; if the bill passes smoothly, it could bring in $4.0 billion to $8.0 billion in capital inflows, driving the price higher. Otherwise, it will depend on the broader macro environment and could fall to below $1.20. Policy progress is the dominant factor right now, and April will become a crucial turning point.
GateNews2h ago
Grayscale: Quantum computing or early breakthroughs are accelerating—preparing for post-quantum encryption is urgent.
Grayscale research director said that technical breakthroughs in quantum computing could introduce uncertainty, so public blockchains need to accelerate the deployment of post-quantum cryptography. A Google paper highlights the time sensitivity of quantum risk, specifically noting that if quantum computers reach a certain number of logical qubits, they will threaten existing encryption systems. Solana and the XRP Ledger have already begun experimental deployments of post-quantum cryptography technology. While Bitcoin has lower technical risk, challenges still exist at the governance level.
MarketWhisper3h ago
Grayscale Recognizes XRP Ledger as Pioneer In Post-Quantum Cryptography - U.Today
Grayscale's Zach Pandl emphasizes the urgency for public blockchains to enhance security against quantum threats, citing Google's advancements in quantum computing. The XRP Ledger and Solana are recognized for their proactive post-quantum cryptography efforts as the 2029 deadline approaches.
UToday3h ago
XRP drops to $1.31, and a failed breakout combined with declining liquidity may trigger accelerated volatility
After failing to break above $1.35, the XRP price has fallen back to around $1.31, with an intraday drop of about 1.9%. The market shows clear selling pressure, and reduced liquidity is amplifying volatility; short-term sentiment is tilted toward defense. Key support is in the $1.31 to $1.30 range, and if it breaks down, it could test $1.28.
GateNews3h ago
