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Bloomberg Expert Provides Updated Launch Timeline for Remaining XRP ETFs
James Seyffart, a top ETF analyst at Bloomberg, has shared an updated timeline for the potential launch of additional spot XRP exchange-traded funds.
The recent debuts of the Canary XRP ETF (XRPC) and the Bitwise XRP ETF (XRP) have heightened anticipation for other spot-based ETFs linked to the token
Launch Date of Grayscale and Franklin’s XRP ETFs
Amid this anticipation, Seyffart offered insight into when Grayscale’s converted XRP Trust ETF (GXRP) and Franklin Templeton’s XRP ETF might begin trading in the United States.
Seyffart’s comments came in response to a post from Grayscale teasing the imminent launch of its XRP ETF. Grayscale originally announced plans to convert its XRP Trust to an ETF in January and later updated its application on November 3 to accelerate the product’s launch via the Form 8-A route