Coinspeaker
Franklin Templeton Aims High with Spot Bitcoin ETF Application
Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients, has submitted an application to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF).
According to the filed application, the ETF would be named the Franklin Bitcoin ETF, with custody entrusted to Coinbase Custody Trust Company. If approved, the ETF would trade on the Cboe BZX Exchange and use the Bitcoin price reference index from CME to determine its value.
As of now, the SEC has yet to approve any Bitcoin spot ETF and has postponed decisions on pending applications from other major financial players such as Blackrock, Fidelity, Grayscale, Ark Investment, among many others, as it evaluates the surge in recent requests.
Franklin Templeton and Cryptocurrencies
In September 2022, Franklin Templeton, the asset manager, launched a thematic ETF based on the metaverse, be
We współpracy z: https://www.coinspeaker.com/franklin-templeton-bitcoin-etf-spot/
