Asset manager Franklin Templeton has submitted its S-1 filing for an XRP ETF. Several altcoins have seen ETF filing by major firms in the last few months.

The fact that XRP has been able to recover around the $2.10 support level has given some new hope for a possible recovery. This move indicates that bearish momentum may be waning, despite the market's recent difficulties within a descending channel.

The filing's preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.

The crypto markets witnessed relief with fresh updates from the Whitehouse about tariffs and acceptance of a 30-day ceasefire between Ukraine & Russia. With this, the investor's confidence climbed, leaving a positive impact on Bitcoin & the other altcoins.

Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.

The new Exchange-Traded Fund will be listed on Cboe BZX Exchange.

XRP has faced significant volatility in recent weeks, with price action lacking clear momentum. Altcoin struggled to maintain upward momentum as broader market conditions remained bearish.

XRP price could be on the verge of a massive breakout in April 2025, as major catalysts align for a potential surge. With $1.7 trillion asset manager Franklin Templeton joining the race for a spot XRP ETF, fresh developments in the Ripple lawsuit, and bullish technical signals flashing, Ripple looks prime for a rally that

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.

The number of issuers filing applications for altcoin exchange-traded funds is increasing, with Franklin Templeton becoming the latest.

The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale's application on February 14, which began a 240-day review period.

Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.

March 12, 2025 05:57:55 UTC Franklin Templeton Submits XRP ETF Application Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund's XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance.

The cryptocurrency market, led by Bitcoin (BTC) and Ripple Labs' XRP, experienced a mild recovery in the past 24 hours after a heavy capitulation earlier this week. In the past 24 hours, Bitcoin price gained around 2 percent to trade at about $81.6k on Wednesday, March 12, during the early Asian session.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

Crypto Market Today (March 12): Bitcoin (BTC) price regained an upward trajectory after a bloodbath, briefly touching $83K as of early Asian hours on Wednesday. Major-league altcoins such as XRP, Solana (SOL), and Ethereum (ETH) have followed, surging 1%-7% intraday.

Franklin Templeton has officially filed an S-1 registration form with the SEC to launch an XRP ETF, following its earlier registration of the Franklin XRP Trust in Delaware. The firm now joins Bitwise, Grayscale, and WisdomTree in the XRP ETFs race.

Investment giant Franklin Templeton, managing $1.53 trillion in assets, has filed for an XRP exchange-traded fund (ETF), intensifying competition in the growing crypto ETF space. The firm follows smaller players like Bitwise, Canary Capital, 21Shares, Grayscale, and WisdomTree, whose proposals have already been acknowledged by the U.S. Securities and Exchange Commission (SEC).

XRP saw a strong rally, rising 11.19% to $2.1720 by 20:01 (00:01 GMT) on the Investing.com Index. This marked its biggest one-day gain since March 2.

In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements.

David Sacks, the White House's crypto czar, has disclosed the intentions of the Treasury Department to concentrate on increasing the value of Bitcoin, XRP, and other digital assets that the US government owns.

Grayscale's application for a spot XRP exchange-traded fund has been postponed by the U.S. Securities and Exchange Commission, which cited the need for more time to examine the proposal. According to a SEC notice published on Mar.

Solana (SOL) has faced intense selling pressure, recently dropping below $120 – its lowest level since February 2024. It has declined more than 38% over the past 30 days, reinforcing its bearish momentum.

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.

Growing institutional interest in XRP-spot ETFs signals shifting market sentiment. Will SEC clarity trigger a bullish breakout?

On-chain data shows Solana (SOL) has seen its spot value drop under the Realized Price for the first time in three years following the recent bearish action. Solana Has Just Seen A Breakdown Of The Realized Price According to data from the on-chain analytics firm Glassnode, Solana has slipped around 8% below its Realized Price.

As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).

A crypto strategist who accurately timed Solana's (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory.

XRP continues its decline, falling 10% over the past week as bearish momentum strengthens.

Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.

Franklin Templeton, one of the world's leading investment companies, has filed an S-1 form to launch an ETF based on the XRP token.

Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.

Financial commentator Patrick Bet-David says the XRP price can rise to $1,000 per token if manages to snag a portion of SWIFT's transaction volume. Only 5% of SWIFT's volume will see token prices soaring to $100 with Bet-David highlighting potential stumbling blocks.

The agency may delay its decision on XRP ETF applications until mid-October.

Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP.

Amid growing uncertainty, a top analyst has named three scenarios that could cause Cardano (ADA) to outperform Solana (SOL). The projection from the analyst AM_Panic comes as the broader cryptocurrency sector witnesses a massive downturn spearheaded by Bitcoin (BTC).

Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.

Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.

Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.

The crypto market is experiencing a significant decline, triggered by global trade tensions. Moreover, President Trump's Executive Order to set up a Strategic Bitcoin Reserve has surprisingly left crypto traders feeling let down. As a result, the price of Solana has fallen sharply, along with a decrease in important on-chain metrics.

XRP's price action and market sentiment suggest potential bullish momentum, depending on key support levels.

Solana (SOL) has plunged over 35% in the past month, falling to $127.63 at press time, its lowest level in months. The sharp decline has sparked broader market panic, with weak technical indicators and fading network activity compounding concerns.

Franklin Templeton is planning to launch an exchange-traded fund that will track the spot price of cryptocurrency XRP, underscoring the increasing appetite of asset managers for digital assets beyond bitcoin.

After a notable price decline in recent days, Solana (SOL) is now poised for a massive upside rally due to its bullish price action on the daily time frame. SOL is one of the top cryptocurrencies, with its technology and adoption significantly rising, recently hitting a record high.

Earlier this Tuesday, the U.S. Securities and Exchange Commission delayed its decision on an application by cryptocurrency asset manager Grayscale to convert its XRP trust into ETF.

Franklin Templeton is the latest asset manager to enter the XRP ETF race following its S-1 filing with the US Securities and Exchange Commission (SEC). This continues the flurry of ETF filings that have hit the Commission's desk since President Donald Trump took office.