Franklin Templeton seeks US SEC approval to launch new cryptocurrency index ETF
ChainCatcher reports, according to Reuters, Franklin Templeton Investments announced on Thursday that the company is seeking regulatory approval to launch a new cryptocurrency index ETF. The asset management firm hopes to profit from the cryptocurrency craze after Trump's victory in the U.S. presidential election.
In documents submitted to regulators on Thursday, Franklin Templeton stated: "The fund may not currently hold any digital assets other than Bitcoin and Ethereum. It is uncertain whether any digital assets other than Bitcoin and Ethereum will be added to the base index in the future." This leaves room for Franklin Templeton to modify its ETF after other cryptocurrencies receive SEC approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDC Usage on Ethereum Hits Record High with 21.7 Million Transactions This Quarter
$2.7 Billion Added to the Stablecoin Market in the Past Week
Trending news
MoreCrypto prices
More








