Franklin High Yield Corporate ETF Price & Performance (FLHY)

Franklin Templeton has filed for an ETF tracking XRP, the cryptocurrency developed by Ripple. This move highlights the firm’s interest in diversifying its digital asset offerings. XRP's market cap, now exceeding $124 billion, has surged, further fueled by its inclusion in a strategic reserve initiative.12

Gold’s eight-week price surge has driven ETFs like Franklin Responsibly Sourced Gold ETF and iShares Gold Trust to gain 12% this year. As geopolitical and economic uncertainties persist, gold demand remains robust, with central banks and individual investors contributing to record-high purchases in 2024.34

Purpose Investments has introduced seven single-stock Yield ETFs on Cboe Canada, including funds targeting companies like Netflix, Coinbase, and Broadcom. These ETFs use a covered call strategy to enhance monthly distributions, appealing to investors seeking income alongside exposure to major corporations.54