Franklin Templeton launched its XRP exchange-traded fund (ETF), the Franklin XRP Trust (XRPZ), on NYSE Arca Monday, giving investors regulated access to the XRP token. The move places one of Wall Street’s oldest institutions into the growing field of XRP fund issuers, which already includes Bitwise, Grayscale and Canary Capital. The launch expands Franklin’s crypto lineup. It now manages ETFs tied to bitcoin (EZBC), ether (EZET), XRP (XRPZ), and its diversified digital asset fund (EZPZ), offering traditio ...

🇺🇸 LUMMIS: “Policies like JP Morgan’s undermine confidence in traditional banks and send the digital asset industry overseas.”The senator says the Strike CEO case shows Chokepoint 2.0 is still alive. https://t.co/uE1nYPXYX8 ...

Core Insights - Grayscale Investments has launched the Grayscale XRP Trust ETF (GXRP), which is now trading on NYSE Arca, marking a significant development in the accessibility of the XRP ecosystem [1][3]. Company Overview - Grayscale is recognized as the world's largest digital asset-focused investment platform, managing approximately $35 billion in assets as of September 30, 2025 [5][6]. - The company aims to simplify digital asset investing and has a history of pioneering investment vehicles for Bitcoin and Ethereum [5]. Product Details - GXRP is an exchange-traded product that is not registered under the Investment Company Act of 1940, meaning it does not have the same regulatory protections as traditional ETFs [2]. - The product is designed to provide efficient tracking and exposure to XRP, which is the native digital asset of the XRP Ledger [3][4]. - GXRP was initially launched as a private placement in September 2024 [4]. XRP Ledger and Its Role - The XRP Ledger has processed over 4 billion transactions since its inception in 2012 and is built for fast cross-border payments and modern digital finance applications [1][3]. - XRP serves multiple functions, including paying transaction fees and facilitating liquidity, making it essential for secure and efficient payment activities on the XRPL [4].

Core Insights - Grayscale Investments has launched the Grayscale Dogecoin Trust ETF (GDOG), marking the first pure spot Dogecoin exchange-traded product (ETP) available in the United States, which began trading on NYSE Arca [1][4]. Company Overview - Grayscale is recognized as the world's largest digital asset-focused investment platform, managing approximately $35 billion in assets as of September 30, 2025, and aims to simplify digital asset investing for all investors [5][6]. Product Details - GDOG is an exchange-traded product that is not registered under the Investment Company Act of 1940, meaning it does not have the same regulatory protections as traditional ETFs and mutual funds [2]. - The Grayscale Dogecoin Trust was initially launched as a private placement for accredited investors in January 2025, providing exposure to Dogecoin [4]. Market Position - Dogecoin has transitioned from a meme-based cryptocurrency to a practical tool for financial transactions, characterized by low-cost and rapid transactions, which has led to significant global adoption [3][4].

Group 1 - The cryptocurrency market has faced challenges after an initial surge post-Trump's election, with many cryptocurrencies, including XRP and Shiba Inu, experiencing significant price fluctuations [1][2]. - XRP, the fourth-largest cryptocurrency, has only increased by approximately 6.5% this year, while Shiba Inu has seen a drastic decline of 58% [2][7]. - Ripple, the company behind XRP, has resolved regulatory issues and aims to enhance XRP's use case in international payments, targeting banks and institutions [3][4]. Group 2 - Ripple is leveraging XRP and its stablecoin, RLUSD, to facilitate various payment activities, including instant payments and digital asset custody [5]. - The company has recently raised $500 million from notable investors, valuing Ripple at $40 billion, which may drive demand for XRP as Ripple expands its operations [6]. - XRP's network is capable of processing up to 1,500 transactions per second, positioning it well for payment solutions [4].

Legal stuff:Not investment advice or recommendation to purchase a particular digital asset. ...

LATEST: 🌎 Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America's institutional market and expand onchain settlement across the region. https://t.co/efPqgmGcnP ...

Core Viewpoint - The Bitcoin for America Act aims to allow federal tax payments in Bitcoin, establishing a Strategic Bitcoin Reserve to enhance US financial stability and leadership in digital assets [1][2]. Group 1: Legislative Proposal - The Bitcoin for America Act, introduced by Rep. Warren Davidson, focuses exclusively on Bitcoin, allowing taxpayers to pay federal taxes in Bitcoin, which would be directed into a Strategic Bitcoin Reserve [2]. - This reserve is intended to diversify government holdings beyond traditional assets and is positioned as a defense against inflation and volatility due to Bitcoin's fixed supply of 21 million coins [2]. Group 2: Strategic Implications - The establishment of a Strategic Bitcoin Reserve is seen as a way to reduce reliance on debt-financed spending and protect the US from currency devaluation, potentially giving the US an edge over global competitors like China and Russia [2]. - The proposal follows President Trump's March 2025 executive order, which initiated the creation of the Strategic Bitcoin Reserve and tasked the Treasury Department with overseeing custodial accounts for Bitcoin and digital assets [5]. Group 3: Criticism and Challenges - The Bitcoin-specific focus of the bill has drawn criticism for potentially distorting competition and limiting innovation in the broader digital asset market [3]. - Practical challenges arise from the IRS's current treatment of digital assets as property, necessitating new systems for valuation, conversion, and custody if Bitcoin is accepted for tax payments [4].

🚨JUST IN: INDIA PLANS TO ROLL OUT ARC, A RUPEE-PEGGED DIGITAL ASSET BUILT BY POLYGON AND ANQ, IN EARLY 2026 ...

India plans to launch ARC, a stable digital asset pegged 1:1 to the rupee, in the first quarter of 2026. Developed jointly by Polygon and Anq, ARC will operate under a two-tier framework complementary to the Reserve Bank of India's CBDC, with minting only available to corporate accounts and token swaps restricted to whitelisted addresses via Uniswap v4 hooks. https://t.co/tgr94DgFhM ...