TradFi giant Franklin Templeton recently disclosed the Holdings of its XRP Spot ETF, and the figures are quite impressive.

According to public documents, they currently hold more than 32,040,560.08 XRP, with the custodian being Coinbase Custody. At the current price, the total net value of this asset reaches 62.94 million USD, corresponding to a circulation share of 2.65 million.

This action actually reveals a signal - institutions in the US are accelerating the inclusion of XRP into their allocation map. From the declaration to the launch and then to the gradual building of holdings, the pace of entry for traditional asset management giants is clearly speeding up.

There is a saying in the market that puts it bluntly: how much institutions buy often reflects real expectations better than how much retail investors shout. When these institutions managing trillions of dollars in assets start to make moves, it somewhat indicates that they have conducted a risk assessment on the compliance prospects and long-term value of XRP.

The current question is not whether institutions will enter the market, but rather who will follow next.