{"id":828012,"date":"2025-02-18T14:12:16","date_gmt":"2025-02-18T20:12:16","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/18\/franklin-templeton-seeks-sec-approval-to-launch-new-crypto-index-etf\/"},"modified":"2025-02-18T14:12:16","modified_gmt":"2025-02-18T20:12:16","slug":"franklin-templeton-seeks-sec-approval-to-launch-new-crypto-index-etf","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/18\/franklin-templeton-seeks-sec-approval-to-launch-new-crypto-index-etf\/","title":{"rendered":"Franklin Templeton seeks SEC approval to launch new crypto index ETF"},"content":{"rendered":"

Bitcoins <\/p>\n

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Synopsis<\/p>\n

Bitcoins Franklin Templeton Investments seeks regulatory approval to launch a new crypto index ETF amid growing institutional interest. They aim to capitalize on the increased acceptance of digital assets like bitcoin and ether, with potential future expansion to other cryptocurrencies pending SEC approval.<\/h2>\n<\/div>\n
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Franklin Templeton Investments is seeking SEC approval to launch a new crypto index ETF, amidst increased interest due to Donald Trump’s pro-crypto stance.<\/figcaption><\/figure>\n<\/div>\n
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Franklin Templeton<\/a> Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund, the firm said on Thursday, as asset managers hope to cash in on the crypto wave amid Donald Trump’s victory in U.S. presidential elections.<\/p>\n

Trump embraced digital assets<\/a> during his campaign, promising to make the U.S. the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin<\/a>.<\/p>\n

The Securities and Exchange Commission, which had long attempted to block ETFs from investing in bitcoin citing investor protection concerns, approved bitcoin and ether<\/a> ETFs last year. Since then, the products have allowed more investors including institutional investors to gain exposure to bitcoin.<\/p>\n

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Crypto Tracker<\/p>\n

\"bitcoins<\/p>\n<\/div>\n

Several firms have applied to seek the green light for other crypto coins’ ETFs like Solana<\/a> and XRP<\/a>. Their approvals are still pending.<\/p>\n

“The fund currently may not hold any digital asset other than bitcoin and ether. It is uncertain whether any digital assets other than bitcoin and ether may in the future be added to the Underlying Index,” Franklin Templeton said in a regulatory filing on Thursday.<\/p>\n

It gives Franklin the room to modify its ETFs if other coins gets the SEC’s nod.<\/p>\n<\/div>\n

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Read More News on<\/h4>\n<\/div>\n
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(What’s moving Sensex<\/a> and Nifty<\/a> Track latest market news<\/a>, stock tips<\/a>, Budget 2025<\/a>, Share Market on Budget 2025<\/a> and expert advice<\/a>, on ETMarkets<\/a>. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds<\/a> .)<\/p>\n

Subscribe to ET Prime<\/a> and read the Economic Times ePaper<\/a> Online.and Sensex Today<\/a>.<\/p>\n

Top Trending Stocks: SBI Share Price<\/a>, Axis Bank Share Price<\/a>, HDFC Bank Share Price<\/a>, Infosys Share Price<\/a>, Wipro Share Price<\/a>, NTPC Share Price<\/a><\/p>\n<\/div>\n

…<\/span>more<\/span>less<\/span><\/p>\n<\/div>\n<\/div>\n

Reuters Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Synopsis Franklin Templeton Investments seeks regulatory approval to launch a new crypto index ETF amid growing institutional interest. They aim to capitalize on the increased acceptance of digital assets like bitcoin and ether, with potential future expansion to other cryptocurrencies pending SEC approval. Agencies Franklin Templeton Investments is seeking SEC approval to launch a new<\/p>\n","protected":false},"author":1,"featured_media":828013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23936,90003],"tags":[11476],"class_list":{"0":"post-828012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-franklin","8":"category-templeton","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/828012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=828012"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/828012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/828013"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=828012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=828012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=828012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}