Ethereum

Franklin

Bitcoin ETF

<ul class="news-points"> 
 <li>Franklin Templeton joins the Ethereum ETF rally, filing for a Spot Ethereum ETF approval.</li> 
 <li>BlackRock, Fidelity, Grayscale, VanEck, Ark and 21Shares, Invesco and Galaxy, and Hashdex have also applied for the ETF launch.</li> 
 <li>The asset manager has also hinted at its intention to stake a portion of its ETF’s ETH for an additional income.</li> 
</ul> 
Franklin Templeton has joined the Ethereum ETF rally with a recent filing applying for a Spot Ethereum ETF approval. On February 12, the asset management firm <a href="https://www.sec.gov/Archives/edgar/data/2011535/000113743924000573/fets1022024.htm" target="_blank" rel="nofollow">submitted</a> the S-1 filing to the Securities and Exchange Commission (SEC) four weeks after the company’s <a href="https://coinedition.com/brad-garlinghouse-appreciates-bitcoin-etf-launch-as-a-great-deal/">Bitcoin ETF launch</a>. 
With the filing, Franklin Templeton becomes the latest firm to apply for a Spot Ethereum ETF, joining other asset managers like BlackRock, Fidelity, Grayscale, VanEck, Ark and 21Shares, Invesco and Galaxy, and Hashdex. If approved, Franklin Templeton’s exchange-traded fund would be listed as “Franklin Ethereum ETF” on the Chicago Board Options Exchange. 
In addition, the asset manager hinted at its interest in stating a specific portion of its ETF’s ETH for an additional source of income. According to Franklin Templeton, “The Sponsor may, fr…
The post <a href="https://coinedition.com/franklin-templeton-joins-ethereum-etf-rally-applies-for-etf-launch/">Franklin Templeton Joins Ethereum ETF Rally, Applies for ETF Launch</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Franklin Templeton Joins Ethereum ETF Rally, Applies for ETF Launch

Coin Edition

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