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Franklin Templeton Seeks SEC Approval For Dual Bitcoin, Ethereum Index ETF

Benzinga ·  02:11

Franklin Templeton, a multi-trillion dollar asset management firm, has filed for a new exchange-traded fund (ETF) that would provide exposure to both Bitcoin and Ethereum.

According to an application with the U.S. Securities and Exchange Commission (SEC) on Wednesday, the firm aims to offer investors a single product that tracks the performance of the two largest cryptocurrencies by market capitalization.

A New Index ETF On The Horizon

The Oct. 2 filing reveals Franklin Templeton's intention to launch an index fund that encompasses both Bitcoin and Ethereum. An index fund typically tracks the performance of a collection of...

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