EddieJayonCrypto
13 Feb 24
Franklin Templeton has applied for a spot Ethereum exchange-traded fund (ETF), joining other major asset managers in the application process. Despite a less successful start with its spot bitcoin ETF, Franklin is making a push into the crypto market. The SEC has delayed decisions on approving an Eth...
Franklin Templeton has applied for a spot Ethereum exchange-traded fund (ETF), joining other major asset managers in the application process. Despite a less successful start with its spot bitcoin ETF, Franklin is making a push into the crypto market. The SEC has delayed decisions on approving an Ethereum ETF, with experts predicting a less than 50% chance of approval before May. Franklin Templeton's CEO has made recent moves into the crypto culture, including putting laser eyes on the company's logo. Additionally, the price of ether climbed 5.5% in the last 24 hours, trading near $2,647, while bitcoin hit $50,000 for the first time since late 2021.
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