Franklin Templeton's XRP ETF Holds Over 118 Million Tokens Amid Stagnating Flows

Franklin Templeton's XRP ETF holds over 118 million tokens as of Q4 2022, according to its first quarterly report. The firm, managing $1.6 trillion in assets, has been experimenting with various crypto-related initiatives. Despite a stagnant flow of new capital, the sector holds $1.06 billion in total net assets, with Canary Capital leading in total net assets. Franklin Templeton is positioned as the low-cost leader with a 0.19% fee.