The financial services heavyweight joins its brethren BlackRock, Fidelity and others in vying for a spot bitcoin ETF.
Franklin Templeton filed for a spot bitcoin exchange-traded fund Tuesday, becoming the latest traditional asset management firm to join the crowded race.with the U.S. Securities and Exchange Commission, Franklin Templeton proposed a Coinbase-custodied ETF that would trade on Cboe BZX Exchange, Inc. It has not yet proposed a ticker for the product.
Franklin Templeton follows Blackrock and other financial heavyweights who have bet that the SEC may soon allow – or perhaps even be forced by the courts to allow – a spot bitcoin ETF to hit the public markets. Such a product would give everyday investors an easy means to gain exposure to the price of bitcoin in their brokerage accounts, alongside stocks and bonds.
The San Mateo-based company is already a top name for structured investments products like mutual funds and ETFs, and so its interest in a bitcoin ETF should come as no surprise. But it has never previously filed for one, making this entrance all the more notable. Even so, the company has come around to digital assets and even toyed with novel funds that blend blockchain technology with a
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Franklin Templeton CEO says China pessimism is overhypedThe idea that investment opportunities in China have met their demise is probably overhyped, said Jenny Johnson, president and chief executive officer at global investment management firm Franklin Templeton.
Weiterlesen »
Franklin Templeton CEO says China pessimism is overhyped By ReutersFranklin Templeton CEO says China pessimism is overhyped
Weiterlesen »
Man seriously injured in bicycle crash on Highway 46 near TempletonBy JOSH FRIEDMAN A 71-year-old Paso Robles man suffered major injuries, including a broken nose and an apparent concussion, after crashing his bicycle on Highway 46 near Templeton on Sunday. Shortl…
Weiterlesen »
Grayscale's Ethereum Fund Nears Yearly High Amid Filings for Spot Ether ETF: DataIntoTheBlock said the trend suggests that the crypto market is weighing the odds that Grayscale may convert ETHE into an ETF.
Weiterlesen »