XRP Forecast Rises As NYSE Approves Franklin Templeton XRP ETF Listing

TLDR

• Franklin Templeton’s XRP ETF receives NYSE clearance for listing under the ticker XRPZ.
• XRP is trading at $2.13 as buyers attempt to hold support amid broader weakness.
• NYSE has also approved Grayscale’s XRP and Dogecoin ETFs under the Exchange Act.
• Canary Capital’s XRPC saw $250 million in inflows on its first day of trading.

XRP’s price forecast gains momentum after the NYSE approved Franklin Templeton’s XRP ETF for listing. The move opens doors for institutional investors and adds strength to XRP’s presence in regulated markets. Market participants are closely watching the token’s behavior as it tries to stabilize above key chart levels.

NYSE Clears Multiple XRP ETFs Including Franklin Templeton’s

Franklin Templeton’s XRP ETF has been officially approved for listing on the NYSE. The ETF will trade under the ticker symbol XRPZ. This approval provides a regulated path for institutional investors to gain exposure to XRP through traditional financial markets.

NYSE Arca also cleared Grayscale’s XRP Trust ETF (GXRP) and Dogecoin Trust ETF (GDOG), allowing them to begin trading under the Exchange Act of 1934. Bloomberg ETF analyst Eric Balchunas shared that these ETFs are expected to launch next Monday, noting that more crypto ETFs are in the pipeline.

This announcement is part of a broader shift, with multiple asset managers introducing cryptocurrency ETFs. The continued rise in regulated crypto products reflects growing acceptance of digital assets in mainstream finance.

New XRP ETFs Drive Market Expansion

Franklin Templeton is not the only issuer launching an XRP ETF. Canary Capital introduced the XRPC ETF on November 13, which marked the first spot XRP ETF available in the United States. It attracted over $250 million in day-one inflows and posted a $58 million trading volume—the highest for any 2025 ETF debut.

Following this, firms such as Bitwise, 21Shares, and CoinShares also received approval for their XRP ETFs. Their launches followed shortly after the U.S. government resumed operations. These moves collectively indicate increased regulatory accommodation for crypto products.

The combination of these ETFs may enhance the accessibility of XRP investments through traditional platforms, especially among institutional buyers. Bitwise described its XRP ETF listing as a “historic moment,” noting the importance of regulated exposure.

Price Holds as Buyers React to Technical Levels

Despite the positive ETF developments, XRP’s market price has remained under pressure in recent weeks. XRP is currently trading near $2.13 and has fallen over 18% in the past month. The current rebound effort follows a dip to a key trendline, which provided temporary technical support.

The price chart shows resistance at $2.22, $2.60, and $3.00, which may act as checkpoints during any recovery. A rise above $2.22 could support a steady move toward $2.60, followed by an eventual test of $3.00, though buyers remain cautious due to ongoing market uncertainty.

The Relative Strength Index (RSI) is around 39 and gradually rising. This suggests some strength is returning to the market, but not with strong momentum. XRP’s movement is currently shaped more by structured buying rather than aggressive speculation.

ETF Listings Offer Regulated Gateway for Institutions

The introduction of Franklin Templeton’s ETF adds another layer to XRP’s credibility in regulated markets. Institutional investors now have multiple entry points for XRP, including products from Grayscale, Bitwise, Canary Capital, and others.

These ETFs may help stabilize XRP’s long-term position, especially as they are tied to established financial brands. Market analyst Nate Geraci noted that these approvals represent a shift in regulatory approach and broader acceptance of crypto assets.

The timing aligns with technical chart structures attempting recovery after extended selling pressure. Though short-term price movements remain uncertain, ETF access introduces additional demand potential from institutional channels.

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