Franklin Templeton files with SEC for spot bitcoin ETF

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Franklin Templeton files with SEC for spot bitcoin ETF
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Dubbed the Franklin Bitcoin ETF, the fund's assets would consist primarily of bitcoin held in custody by Coinbase Custody Trust Company.

Franklin Templeton became the latest asset manager to file with the Securities and Exchange Commission for a spot bitcoin ETF.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.became the latest asset manager to file with the Securities and Exchange Commission for a spot bitcoin ETF.

Dubbed the Franklin Bitcoin ETF, the fund's assets would consist primarily of bitcoin held in custody by Coinbase Custody Trust Company, according to anIf approved, shares will be listed and traded on the Cboe BZX Exchange. For bitcoin pricing, the filing mentions use of CME's CF Bitcoin Reference Rate – New York Variant.Although the industry is eagerly anticipating the first spot crypto ETF, the SEC has yet to approve one.

moved to delay decisions on the existing proposals for spot bitcoin ETFs as it wades through a wave of recent applications.. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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