XRPZ ETF Share Count Jumps 36% to 14.25M as Franklin Templeton Expands XRP Fund

⬤ Franklin Templeton’s XRP ETF, ticker XRPZ, is expanding fast. The fund’s SEC Form 10-Q for the period ended December 31, 2025 shows outstanding shares climbed from 10.5 million to 14.25 million, reflecting a clear uptick in demand for the product. XRPZ trades on NYSE Arca as part of the Franklin XRP Trust, a Delaware-incorporated vehicle with principal offices in San Mateo, California. The share count increase happened in roughly two months and points to meaningful capital interest flowing into the fund since it launched on November 24, 2025. The data comes straight from the 10-Q and underscores growing daily inflows into XRP spot ETFsacross the board.

⬤ ETF share counts don’t move on their own. Authorized participants create new shares when investor demand picks up, so a jump like this typically means fresh capital is coming in. Going from 10.5 million to 14.25 million shares in about two months is a notable pace for a fund still in early days. XRPZ offers a regulated path to XRP exposure through a familiar stock-market structure, which appeals to both institutions and retail investors who prefer not to hold crypto directly US XRP ETFs collectively absorbed over $1.12 billion in five weeks, showing just how much appetite exists for this type of product right now.

⬤ The broader XRP ETF landscape is keeping pace. Across the category, spot XRP funds have drawn tens of millions in net flows as market participants look for regulated alternatives to direct token trading. This mirrors the early trajectory seen with Bitcoin and Ethereum ETFs, which also saw accelerating share issuance in their first quarters. With competitors like 21Shares filing an amended XRP ETF with the SEC, the space is heating up. For XRPZ, the 14.25 million share milestone is an early signal that Franklin Templeton’s fund is holding its own in a competitive and fast-moving market.