Franklin Templeton's XRP ETF has received listing approval from the NYSE, with a fee rate of 0.19%.
TL;DR
Franklin Templeton's XRP ETF has been approved for listing on NYSE Arca under ticker XRPZ, with a 0.19% annual fee. The fee will be waived for the first $5 billion in assets until May 2026.
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According to Odaily, Franklin Templeton's XRP ETF has received listing approval from the NYSE Arca and has officially submitted its certification to the SEC. This means the fund has met all exchange requirements and is about to launch.
A recent disclosure from Franklin Templeton reveals that the ETF, named Franklin XRP Trust, will be listed on the NYSE Arca under the ticker symbol XRPZ and will charge an annual sponsorship fee of 0.19% based on net asset value. The sponsor plans to fully waive this fee for the initial $5 billion of assets held until May 31, 2026.