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Franklin Templeton Files for Bitcoin ETF with the SEC!

September 12, 2023
in Crypto News
Reading Time: 2 mins read
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Franklin Templeton Files for Bitcoin ETF with the SEC!
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Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 13, 2023 0:32

Franklin Templeton, a $1.5 trillion asset manager, has recently filed for a spot bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). The proposed ETF will invest in Bitcoin and track the CME CF Bitcoin Reference Rate, an index that provides a reference rate for the cryptocurrency. If approved by the SEC, the ETF will trade on the Chicago Board Options Exchange (CBOE) and join a growing list of Bitcoin ETFs in North America. The approval of the ETF could potentially boost investor exposure to Bitcoin in a regulated way.


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