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What will be the first month performance of Franklin Templeton's cryptocurrency ETF?
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Story
Franklin Templeton Files $1.5 Trillion Crypto ETF Holding Bitcoin, Ethereum
Aug 16, 2024, 08:46 PM
Franklin Templeton, a major investment management company with $1.5 trillion in assets, has filed for a new cryptocurrency index ETF. The proposed ETF, named Franklin Crypto Trust, would initially hold a basket of cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH). This move follows the recent launch of Ethereum ETFs and suggests a growing interest in crypto assets among traditional financial institutions. The exact ratio of Bitcoin and Ethereum in the ETF has not been disclosed. Franklin Templeton has registered an S-1 Security Application for this ETF.
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