XRPZ Franklin XRP Trust

13F holders, quarter ending 2026-06-30 13F data can be up to 45 days old

45 institutions reported XRPZ: 14 new since 2026-03-31, 11 sold out.

Largest that sold out: FRANKLIN RESOURCES INC ($1.0M), Beacon Pointe Advisors, LLC ($952K), WEALTH ENHANCEMENT ADVISORY SERVICES, LLC ($290K), Mariner, LLC ($289K), INDEPENDENT FINANCIAL GROUP, LLC ($196K), CITADEL ADVISORS LLC ($148K), Front Row Advisors LLC ($36K), Wall Street Financial Group, Inc. ($35K).

Prospectus

424B3 filed 2025-11-24 against S-1/A filed 2025-11-04: 4.1% of the text changed, 2 new paragraphs, 54 removed. Paragraphs about fees, staking, custody, the index and creations come first. new ↗ · old ↗

Most edited paragraph

New

+ See “Description of the Shares and the Trust—Limitations on Obligations and Liability.”

+ If a hard fork occurs in the XRP Ledger, the Fund could temporarily hold both the original XRP and the alternative new asset as the Sponsor determines, in its sole discretion, which asset it believes is generally accepted as XRP. The other asset will be treated as an

Removed

− withdrawal of assets from the XRP Custodian even if the Sponsor determined that such liquidation was appropriate or suitable, or otherwise disrupt the Fund’s operations.

− exchange for Creation Units and will have no binding effect upon the Fund, the Sponsor, the Transfer Agent, the XRP Custodian or any other party.

− in which the Prime Broker attempts to balance anticipated liquidity needs for its customers as a class against the anticipated greater security of cold storage.

− and may not hold any non-XRP crypto asset. The Trust has issued a standing instruction regarding airdrops and forks to the XRP Custodian consistent with the foregoing policy.

− in which the Prime Broker attempts to balance anticipated liquidity needs for its customers as a class against the anticipated greater security of cold storage.

− The Fund’s XRP holdings are maintained with the XRP Custodian rather than the Prime Broker, except in the limited circumstances of XRP that is held temporarily in the Trading Balance for purchases and sales of XRP in connection with the settlement of cash creations

− Exhibit Description No ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 1.1 Seed Capital Investor Subscription Agreement.* 3.1 Certificate of Trust is incorporated by reference to Exhibit 3.1 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on March 11, 2025. 4.1 Amended and Restated Agreement and Declaration of Trust is incorporated by reference to Exhibit 4.1 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on October 10, 2025. 4.2 Form of Authorized Participant Agreement is incorporated by reference to Exhibit 4.2 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on October 10, 2025. 5.1 Opinion of Stradley Ronon Stevens & Young, LLP as to legality.* 8.1 Opinion of Stradley Ronon Stevens & Young, LLP as to tax matters.* 10.1 Coinbase Prime Broker Agreement.* 10.2 Coinbase Post-Trade Financing Agreement.* 10.3 Coinbase Custody Custodial Services Agreement. (included in Exhibit 10.1)* 10.4 Custody Agreement with the Cash Custodian.* 10.5 Fund Administration and Accounting Agreement with the Administrator.* 10.6 Transfer Agency and Service Agreement with the Administrator.* 10.7 Sponsor Agreement.* 10.8 Index Administrator Agreement is incorporated by reference to Exhibit 10.8 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on October 10, 2025. 10.9 Amendment 3 to the Index Administrator Agreement is incorporated by reference to Exhibit 10.9 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on October 10, 2025. 23.1 Consent of PricewaterhouseCoopers LLP.* 23.2 Consents of Stradley Ronon Stevens & Young, LLP (included in Exhibit 5.1 & 8.1)* 24.1 Powers of Attorney (included in signature page to initial Form S-1 filed on March 11, 2025). 107 Filing Fee Table is incorporated by reference to Exhibit 107 of the Registration Statement on Form S-1 (File No. 333-285706) filed by the Trust on March 11, 2025.

− Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective.