Who is custodian of $XRP holding fund?
For what Black Rock is waiting ?
What is Ripple' lawsuit ?
Despite the delays in approval by the US SEC, $1.5 trillion asset manager Franklin Templeton filed an application for an XRP ETF.
👉According to the filing, Coinbase Custody Trust Company will serve as the custodian for the fund’s XRP holdings, ensuring secure storage of the digital assets.
👉The move marks a significant development in the evolving crypto ETF landscape, with Franklin Templeton joining the growing list of institutions vying to bring XRP-focused financial products to market.
👉Following the change of regime at the US SEC, and the Trump administration in charge, market analysts are hopeful for an XRP ETF.
👉However, asset managers like BlackRock would be willing to wait for a settlement in the Ripple lawsuit, which could provide a clear path for filing an ETF application.
👉Several market analysts believe that the settlement could happen before Ripple’s appellate brief submission on April 16, 2025.#MasterTheMarket #FranklinTempleton #XRPlawsuit