Franklin

JUST

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 <li><strong>Franklin Templeton files S-1 for a broad Bitcoin and Ethereum-focused Crypto Index ETF.</strong></li>
 <li><strong>Proposed ETF may expand beyond BTC and ETH, based on regulatory shifts and market trends.</strong></li>
 <li><strong>Franklin’s strategic ETF move aligns with growing interest in diverse crypto investment options.</strong></li>
</ul>
<p>Asset manager Franklin Templeton, overseeing $1.6 trillion in assets, expanded its presence in the crypto market by filing an S-1 application with the U.S. Securities and Exchange Commission (SEC). The August 16 filing seeks approval to launch a new Crypto Index Exchange-Traded Fund (ETF) holding Bitcoin and Ethereum.</p>
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   <p lang="en" dir="ltr">JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> $1.6 trillion Franklin Templeton files for Crypto Index ETF that will initially hold <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/JPxVOSsKih" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/JPxVOSsKih</a></p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1824562849227620373?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 16, 2024</a>
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<p>The Franklin Crypto Index ETF aims to <a href="https://coinedition.com/crypto-market-update-bitcoin-ethereum-tumble-as-mt-gox-and-etf-news-drive-volatility/" rel="noopener noreferrer nofollow">track the performance</a> of Bitcoin and Ethereum, providing investors with diverse exposure to the crypto market. According to the S-1 filing, the ETF will follow the CF Institutional Digital Asset Index, initially concentrating on Bitcoin (BTC) and Ethereum (ETH). The filing also indicates the fund could incorporate additional crypto assets in the future…</p>
<p>The post <a href="https://coinedition.com/franklin-templeton-seeks-sec-nod-for-crypto-index-etf/" rel="noopener noreferrer nofollow">Franklin Templeton Seeks SEC Nod for Crypto Index ETF</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Franklin Templeton Seeks SEC Nod for Crypto Index ETF

Coin Edition

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