Asset Manager Franklin Templeton Joins Race for Spot Bitcoin ETF

Asset Manager Franklin Templeton Joins Race for Spot Bitcoin ETF

According to filings submitted to the US Securities and Exchange Commission (SEC) today, asset management giant Franklin Templeton has filed an application for a spot Bitcoin ETF.

The fund, which is named the Franklin Bitcoin ETF, is expected to be listed and traded on the Cboe BZX Exchange. Coinbase Custody Trust Company will serve as the custodian.

Following companies including BlackRock, Fidelity, Invesco, and more, Franklin Templeton is another asset manager to join the race for a spot Bitcoin ETF. Previously, the SEC delayed decisions on seven spot Bitcoin ETF applications.

To learn more about spot Bitcoin ETFs, please visit: Journey to Spot Bitcoin ETFs

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Source

Bitcoin

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