Franklin Templeton Launches Crypto Index ETF Holding BTC and ETH
Saturday, 17 August 2024, 16:05
Franklin Templeton Moves into Crypto with New ETF
On Friday, Franklin Templeton submitted an S-1 form to the U.S. Securities and Exchange Commission, unveiling plans for a new exchange-traded fund (ETF) that will hold both bitcoin and ether. This ETF, known as the Franklin Crypto Index ETF, aims to provide investors with exposure to these major cryptocurrencies.
Details of the ETF
- The ETF is expected to trade under the ticker EZPZ.
- It will include an unspecified allocation of BTC and ETH, weighted appropriately.
This move highlights Franklin Templeton's commitment to adapting to the evolving landscape of cryptocurrencies, providing investors with directed access to key digital assets.
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