- Franklin expands its crypto index ETF to include six major altcoins.
- New SEC-approved rules enable broader asset tracking in crypto funds.
- Demand for XRP surges as multiple U.S. spot XRP products launch.
Franklin Templeton is widening the scope of its flagship digital asset fund, marking one of the most significant shifts so far in how traditional finance approaches the crypto market.
The firm is moving beyond its long-standing focus on Bitcoin (BTC) and Ethereum (ETH) to embrace a broader mix of leading altcoins.
Franklin Crypto Index ETF adds more coins
According to a filing on November 24, the Franklin Crypto Index ETF will begin tracking XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Stellar (XLM) and Chainlink (LINK) as of December 1, 2025, creating a much more comprehensive representation of the market.
Notably, recently approved Cboe exchange rules played a key role in enabling this expansion.
For the first time, issuers are permitted to include any cryptocurrency present in their benchmark indices rather than restricting exposure to only Bitcoin and Ethereum.
Franklin’s ETF is among the first to take advantage of the new framework, highlighting how rapidly the regulated side of crypto investing is evolving.
Importantly, the fund will no longer be dominated by the two largest cryptocurrencies; instead, it will rebalance its holdings quarterly to reflect index changes and market conditions.
These scheduled rebalances allow for the addition or removal of assets based on performance, liquidity and market relevance.
The firm has also modernized its operational model, enabling authorized participants to create or redeem ETF shares using actual crypto assets rather than cash only — a change that should tighten tracking accuracy and improve liquidity.
This adjustment is expected to make the ETF more efficient during periods of high volatility, a common challenge for digital asset funds.
Franklin Templeton recently launched a spot XRP ETF
The revision to Franklin Templeton’s index ETF comes shortly after another milestone: the launch of its spot XRP fund, trading under the ticker XRPZ with a sponsor fee of 0.19%.
The introduction of the XRP ETF arrived as demand for regulated XRP exposure surged in the U.S. market.
Franklin is now part of a rapidly growing group of firms aiming to meet investor demand for XRP-based products.
Earlier this month, Canary Capital set the pace, securing more than $250 million on the launch day of its own XRP ETF.
Other firms that successfully launched XRP ETFs include Grayscale and Bitwise, which recorded $25 million in trading volume and $118 million in inflows during their first week of trading.
This swift adoption has placed XRP among the few assets outside BTC and ETH to attract rapid ETF development.
As a result, XRP’s price recovered, rising more than 7% on November 25 to an intraday high of $2.28, as institutional inflows began to accelerate.