Franklin Crypto Index ETF Adds ADA, LINK, DOGE, SOL, XLM, XRP While Keeping BTC & ETH
Franklin Templeton Digital Assets expanded its Franklin Crypto Index ETF beyond Bitcoin (BTC) and Ethereum (ETH) to include six additional tokens: Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL), Stellar (XLM) and XRP. The change — disclosed via company posts on Dec. 2, 2025 and effective Dec. 1, 2025 — broadens the fund’s multi-asset exposure and diversification. The ETF will be rebalanced quarterly based on market conditions, performance and liquidity; authorized participants can create or redeem shares using crypto assets to improve tracking and liquidity during volatile periods. The move follows newly approved Cboe rules allowing broader crypto inclusion in index benchmarks and coincides with Franklin’s launch of a spot XRP ETF (ticker XRPZ) with a 0.19% fee. Traders should monitor flows, trading volumes, bid-ask spreads and rebalancing schedules: inclusion may shift liquidity profiles, create short-term volatility in added tokens and alter correlation and risk/return characteristics for the fund.
Bullish
Inclusion of ADA, LINK, DOGE, SOL, XLM and XRP in a major asset manager’s crypto index ETF is likely bullish for the mentioned tokens. ETF inclusion tends to increase demand, improve market depth and attract institutional flows, which supports higher prices over time. Short-term effects may include elevated volatility and wider spreads around rebalancing dates or when flows concentrate, but the net effect on liquidity is typically positive as authorized participants can create/redeem with crypto, tightening tracking error. The concurrent launch of a spot XRP ETF (XRPZ) and the enabling Cboe rule change amplify structural demand and legitimization, especially for XRP. Overall, expect an initial period of trading volatility followed by improved liquidity and potentially higher mid- to long-term price support for the added tokens.