Franklin Tеmplеton, а prominеnt аssеt mаnаgеmеnt firm with $1.6 trillion in аssеts undеr its wаtch, filеd аn S-1 аpplicаtion with thе U.S. Sеcuritiеs аnd Exchаngе Commission (SEC) on August 16. This аpplicаtion sееks pеrmission to lаunch а nеw Crypto Indеx Exchаngе-Trаdеd Fund (ETF) thаt will initiаlly focus on Bitcoin аnd Ethеrеum. Thе proposеd ETF, nаmеd […]
Franklin Templeton
Political Shifts Won’t Stop Bitcoin’s Ascent: Arthur Hayes
In a recent interview, Arthur Hayes, co-founder of BitMEX and a prominent figure in the crypto world, discussed a range of topics, including the potential impact of political changes on cryptocurrency, the evolution of the crypto industry, and Bitcoin’s future. Hayes, who began his finance career in September 2008 on Deutsche Bank’s trading floor in […]
VanEck Leads the Way with Amended S-1 for Spot Ethereum ETF
In a move that might prove pivotal in shifting cryptocurrency market fortunes, Ethereum exchange-traded funds see action as major financial players jockey for approval. Early Monday, VanEck filed an amended S-1 registration statement for its spot Ethereum ETF, detailing minor changes to custody arrangements. Following the lead from VanEck, several other companies, including 21Shares, BlackRock, […]
Ethereum ETF: Frank Templeton Guns for the Lead
Better late than never. Global asset manager Franklin Templeton has applied for a spot Ethereum ETF, becoming the latest to step into the fiercely competitive ETF race. The $1.5 trillion-valued firm recently filed a Form S-1 registration statement with the SEC, joining a galaxy of ETF applicants that include Ark and 21Share, BlackRock, Grayscale, VanEck, […]
Solana ETF Soon? FTI’s Bold Hint
Franklin Templeton [FTI] has set its sights on Solana, praising the blockchain’s vision and accomplishments in a recent post. The global investment firm expressed admiration for Solana’s unique approach to decentralized blockchains, emphasizing its potential to reduce information asymmetry through a single atomic state machine. Notably, FTI lauded the diverse activities on the SOL blockchain […]
Bitcoin: SEC Greenlights Franklin Templeton’s Spot ETF Amidst Congressional Pressure
Franklin Templeton’s application for a spot Bitcoin exchange-traded fund received acknowledgment from the Securities and Exchange Commission [SEC] in a historic and pivotal move. This development holds immense significance for the AUM, managing assets worth up to $1.5 trillion, as it solidifies its presence in the asset management sector. With the filing of a 19b-4 […]