XRP Today News: Franklin Templeton Increases XRP Holdings, Institutional Demand Drives Non-Speculative Growth

Gate News, March 23 — Franklin Templeton, which manages $1.6 trillion in assets, recently revealed that its heavy holdings in XRP are driven by institutional demand for the token’s practical use cases, not just speculation. Digital asset head Roger Beston stated on the Paul Barron podcast that XRP and the XRP Ledger are facilitating real-world applications such as cross-border payments and tokenized money market funds, laying the foundation for the integration of traditional finance (TradFi) and crypto assets.

Beston emphasized that Franklin Templeton’s launch of the XRP ETF (XRPZ) and the integration of tokenized money market funds on the XRPL are significant steps for institutional adoption of crypto assets. He noted that the coordinated regulation by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) provides a clear legal framework and policy support for institutions to further use XRP.

During recent crypto market sell-offs, XRP’s price dropped to $1.36, but institutions and whales continued to accumulate. The spot XRP ETF recorded a net inflow of $636,480 this week, bringing total net assets to $1.1 billion, with cumulative inflows reaching $1.21 billion. On-chain data shows Ripple whales are buying over 7 million XRP daily, indicating confidence in a potential price rebound.

Analyst Ali Martinez shared a 12-hour XRP chart on X, showing the TD Sequential indicator signaling a buy. He predicts that as market sentiment improves and funds flow back in, XRP could see a rebound, offering institutional investors a value appreciation window.

Overall, Franklin Templeton’s heavy holdings reflect a shift from speculative to utility-driven strategies. Supported by cross-border payments, tokenized financial products, and whale accumulation, XRP may become a more stable and practically valuable asset in the crypto market in the future.