Bitcoin Holds Above $81,000 as Oil Hits Six-Month High; Franklin Templeton Adds $150M to XRP Ledger

Bitcoin held above $81,000 even as oil prices climbed to a six-month high, according to CoinDesk's live markets coverage.

Robinhood Sees Surge in Bitcoin, Gold Prediction Markets

Separately, CoinDesk reported that Robinhood has seen a surge in bitcoin and gold prediction market activity as traders move beyond sports betting on the platform.

Bitcoin Volatility Compared to Nvidia and the Euro

A separate CoinDesk analysis found that bitcoin's price swings are now comparable to Nvidia's stock, while remaining roughly eight times more turbulent than euro-dollar currency moves.

Franklin Templeton Adds $150 Million to XRP Ledger

Franklin Templeton added about $150 million in shares of its tokenized money market fund, sgBENJI, to the XRP Ledger, according to CoinDesk's review of ledger records. Two subscription receipts were written to the ledger on Wednesday, each recording a $75 million cash subscription, followed by two batches of just over 72,184,793 shares each at 02:58 and 04:13 UTC Thursday, with a $1.039 share price. The additions nearly quadrupled the fund's token count on the network, bringing the total to nearly 193 million shares worth about $200 million, based on the recorded share price. All of the fund's XRP Ledger shares remain in a single wallet, which shares the same eight authorized signing addresses as Franklin's issuing account; any two of those addresses can jointly approve a transaction. It remains unclear whether the wallet represents a single investor or multiple clients pooled together, and Franklin had not responded to CoinDesk's questions on the matter as of Saturday morning in Asia.

RWA.xyz ranks Franklin second among tokenized asset platforms on the XRP Ledger, behind Ripple's RLUSD stablecoin at about $930 million and ahead of Ondo at $185 million. The fund invests in short-term dollar debt and money-market instruments, including government paper, commercial paper and bank deposits, with returns accumulating in the share price. Holding sgBENJI directly on the XRP Ledger requires Franklin's approval, and the issuer retains the ability to freeze balances or recover tokens. Franklin and DBS announced the fund's Singapore-authorized structure in November 2025 with a $20 minimum investment, with retail access expected in early 2026. A September 2025 agreement between Franklin, Ripple and DBS also outlined plans allowing eligible DBS Digital Exchange clients to switch between sgBENJI and RLUSD, with DBS exploring lending against the fund's tokens.