Highlights
Crypto experts have started making bullish predictions for the XRP token following recent developments. After Canary Capital’s record-breaking debut last week, Franklin Templeton plans to launch its own XRP ETF on November 18.
Franklin Templeton will launch its XRP ETF with the ticker EZRP on the CBOE on November 18. Analysts believe this fund could quickly compete with Canary Capital’s XRPC in performance. The fund had a trading volume of $58 million on its first day and became the biggest ETF debut of 2025.
Investors usually prefer to invest through well-known firms like Franklin. This might mean that the EZRP could do better than XRPC in the early stages. Recently, Franklin Templeton submitted an updated S-1 with simpler registration language. This means that the firm is speeding up its regulatory process in preparation for the launch.
Bitwise is set to launch its own XRP ETF just two days after Franklin’s debut on November 20. This could be a major week for the token’s exchange-traded products.
Bitwise has already had a successful launch of a Solana ETF last month. The XRP fund is expected to attract a different investor class. This includes hedge funds, family offices, and institutional players who are already familiar with crypto markets.
Analysts believe XRP is entering a new phase of liquidity. This would likely draw inflows from both traditional and speculative capital.
The XRP token barely moved after the Canary Capital launched its fund. If anything, the coin saw losses. This was, however, attributed to the broader crypto market decline, not the ETF launch. Meanwhile, experts have continued to call for a rally in the coin.
For instance, EGRAG Crypto said that XRP’s 15% drop since the first ETF launch is not a major issue. Bitcoin also fell by 20% after the launch of its own ETF.
“XRP could still decline slightly before rallying, but the current trajectory is healthier than what we’ve seen from BTC and ETH during similar moments,” he said.
Also, Javon Marks shared how XRP always manages to beat the odds. “When the market doubted XRP last cycle, it printed a 6X move. With major ETFs in play, we believe another strong upside may be forming.”
Lastly, crypto expert Ripple Bull Winkle noted how BlackRock’s Bitcoin ETF saw $111.7 million in initial volume while Canary’s XRP ETF doubled that amount at $245 million.
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