The Franklin Templeton XRP ETF officially goes live today, and analysts are forecasting a strong debut. Crypto expert Chad Steingraber projects that trading volume on day one could reach the equivalent of 15 million XRP, or roughly $30 million. He also suggested that activity could climb as high as 50 million XRP if demand surges.
The NYSE approved the listing of the ETF—trading under the ticker XRPZ—last week. Franklin Templeton now joins Bitwise and Canary Capital, whose recently launched XRP ETFs have already attracted more than $422 million in total inflows.
Steingraber explained that Franklin Templeton typically rolls out new products cautiously. He expects real growth to build gradually as financial advisors begin recommending the fund once it establishes a performance track record. He noted that the ETF will launch with a relatively small initial investment, meaning much of today’s volume should come from new inflows.
NYSE Arca confirmed the approval to the SEC, clearing the way for the launch. The Franklin XRP Trust will trade with a sponsor fee of 0.19% of NAV, although this fee will be waived on the first $5 billion in assets until May 2026.
Franklin Templeton filed an S-1 amendment on November 4, initiating the 20-day countdown to launch. Meanwhile, existing XRP ETFs from Bitwise and Canary have been drawing continuous inflows for six straight days, accumulating more than $422 million according to SoSoValue.
Analysts are also pointing to potential upside for XRP following these ETF developments. A recent Forbes analysis suggested the token could climb to $5.25 by 2030. Similarly, crypto analyst Egrag Crypto highlighted that XRP is still holding above key monthly support despite recent market volatility.
Additionally, a Ripple developer said staking could be added to the XRP Ledger. He emphasized that the network already supports payments and tokenization, making this upgrade feasible.
The broader crypto market is also showing signs of recovery. Bitcoin has moved back above $85,000, helping lift most major altcoins, including XRP, back into positive territory.
