[Digital Today reporter Jinju Hong (홍진주)] XRP has been confirmed as the third-largest constituent asset in Franklin Templeton's crypto index ETF (EZPZ), following Bitcoin (BTC) and Ethereum (ETH).
On March 31, blockchain media outlet The Crypto Basic reported that Franklin Templeton disclosed the ETF's constituent assets and their weights through a regular disclosure (10-K) it recently filed with the U.S. Securities and Exchange Commission (SEC).
According to the filing, EZPZ is the second crypto index ETF in the United States, launched on Feb. 20, 2025. At inception it provided investment exposure only to Bitcoin and Ethereum. In December 2025 it expanded the portfolio to include an additional 6 crypto assets. The key point highlighted in the filing is that after this expansion, XRP rose to become the third-largest asset within the diversified structure.
XRP's weight was 5.91 percent as of end-2025, and was slightly adjusted to 5.85 percent in the latest data. The ETF's allocation remains heavily concentrated in its top 2 assets. Bitcoin accounts for more than 76 percent of the fund, followed by Ethereum at about 12 percent. Other constituent assets include Solana (SOL), Dogecoin (DOGE), Cardano (ADA) and Chainlink (LINK), but their weights are relatively small.
In terms of size, EZPZ's total assets under management (AUM) were estimated at about $10 million. XRP holdings were about 447,679 tokens, valued at about $591,026 based on a unit price of $1.32. The filing also stated, based on these calculations, that the ETF's net asset value (NAV) was 16.84.
It was also noted that XRP's place in index-type products in the United States is widening. XRP is also included in the Hashdex Nasdaq Crypto Index ETF with a weight of about 5.88 percent. Franklin Templeton also holds a standalone spot ETF linked to XRP, and this product was tallied at net inflows of $321.54 million and net assets of $210.78 million.
The outlet reported that the ETF is the third-largest XRP-focused ETF, following products from Canary Capital and Bitwise Asset Management.