Franklin Templeton seeks US SEC approval for new crypto index ETF
Online reports that Franklin Templeton Investments said it is seeking regulatory approval to launch a new crypto index ETF. Several companies have applied for approval of ETFs for other cryptocurrencies other than Bitcoin and Ethereum, such as SOL and XRP, and approval of these ETFs is still pending. Franklin Templeton said in a regulatory filing: "The fund may not currently hold any digital assets other than BTC and ETH. It is unclear whether other digital assets will be added to the underlying index in the future." If other cryptocurrency ETF applications are approved by the U.S. SEC, this will provide space for Franklin to modify his ETF.
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