According to KnowHere news, Franklin Templeton Investments is reportedly seeking regulatory approval to launch a new Cryptocurrency index ETF. The asset management company hopes to profit from the Cryptocurrency craze following Donald Trump's victory in the US presidential election. In a filing submitted to regulators on Thursday, Franklin Templeton stated, 'The Fund may currently hold no digital assets other than Bitcoin and Ethereum. It is uncertain if any digital assets other than Bitcoin and Ethereum will be added to the underlying index in the future.' This provides room for Franklin Templeton to modify its ETF after obtaining SEC approval for other Cryptocurrencies.
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According to KnowHere news, Franklin Templeton Investments is reportedly seeking regulatory approval to launch a new Cryptocurrency index ETF. The asset management company hopes to profit from the Cryptocurrency craze following Donald Trump's victory in the US presidential election. In a filing submitted to regulators on Thursday, Franklin Templeton stated, 'The Fund may currently hold no digital assets other than Bitcoin and Ethereum. It is uncertain if any digital assets other than Bitcoin and Ethereum will be added to the underlying index in the future.' This provides room for Franklin Templeton to modify its ETF after obtaining SEC approval for other Cryptocurrencies.