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<p>Franklin Templeton, renowned for its insightful crypto market analysis, is deepening its commitment to this space. The investment giant has recently submitted a request to the SEC for a new ETF indexed on Bitcoin and Ethereum. This fund, which will be listed under the symbol “EZPZ” if approved, could mark a new era for investment products related to digital assets. Let’s delve into this promising new project in detail.</p>
<h2 id="h-crypto-franklin-templeton-dives-even-deeper">Crypto: Franklin Templeton Dives Even Deeper</h2>
<p>Franklin Templeton, clearly fond of disruptive concepts and even <a href="https://www.cointribune.com/en/franklin-templeton-bets-on-risky-cryptos/" target="_blank" rel="noopener noreferrer nofollow">betting on risky cryptos</a>, does not do things halfway. After launching <strong>a Bitcoin ETF in January and an Ethereum ETF in May</strong>, the firm has just submitted <a href="https://www.sec.gov/Archives/edgar/data/2033807/000113743924001282/fcts1082024.htm" target="_blank" rel="noopener noreferrer nofollow">a request for an ETF indexed</a> to both Bitcoin (BTC) and Ethereum (ETH).</p>
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<p>This fund, named “<strong>Franklin Crypto Index ETF</strong>,” focuses on the two most dominant digital assets.</p>
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<p>But that’s not all! Depending on market developments and regulatory approvals, <strong>other cryptos could be added to the index.</strong> This new product promises to offer a simplified entry into the world of cryptos while benefiting from Franklin Templeton’s institutional expertise.</p>
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 <li>August 15: Official application date submitted to the SEC</li>
 <li>Intended stock code: “EZPZ”</li>
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<p><strong>Coinbase Custody Trust will ensure the custody of digital assets, and the Bank of New York Mellon will handle liquidity.</strong></p>
<p>Needless to say, everything is in place to attract institutional investors and cater to the growing appetite for these digital assets.</p>
<h2 id="h-bitcoin-and-ethereum-the-undisputed-stars-of-etfs">Bitcoin and Ethereum: The Undisputed Stars of ETFs</h2>
<p>Bitcoin and Ethereum continue to draw attention, even as their prices oscillate like a weathervane in a hurricane. While Bitcoin grapples with its recent fluctuations, <strong>the demand for investment products like ETFs remains strong</strong>.</p> 
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<p>Franklin Templeton is no exception to this trend and is betting big on these two assets. This move echoes a broader adoption of cryptos by traditional financial institutions.</p>
<p>Moreover, <strong>Hashdex is not far behind with its own ETF request</strong> combining Bitcoin and Ethereum. Competition is fierce, but Franklin Templeton might have a head start.</p>
<p>As one analyst noted:</p>
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<p>“<em>Crypto ETFs mark an evolution in the integration of digital assets into traditional portfolios.</em>”</p>
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<p>This well summarizes the excitement around these products, despite market uncertainties.</p>
<p>Franklin Templeton continues to pave its way in the crypto world, and this new ETF could be a major milestone. The firm, which has already bet on <a href="https://www.cointribune.com/en/crypto-solana-the-emerging-etf-star-says-franklin-templeton/" target="_blank" rel="noopener noreferrer nofollow">Solana as the next ETF star</a>, proves once again that it knows how to spot market trends.</p>

Crypto: Franklin Templeton is Preparing an Innovative ETF

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