U.S. SEC Has Accepted Submission of Franklin Crypto Index ETF Amendment

Golden Finance reported that, according to SEC official documents, the U.S. SEC has accepted the submission of the amendment for the Franklin Crypto Index ETF. On August 17, Franklin Templeton submitted the S-1 application for the new crypto index ETF, aimed at becoming a one-stop cryptocurrency portfolio. The Franklin Crypto Index ETF will track the performance of the CF Institutional Digital Asset Index, which currently only includes Bitcoin and Ethereum. If approved, the proposed Franklin Crypto Index ETF will be listed on the Cboe BZX exchange and will use Coinbase Custody Trust Company LLC as its digital asset custodian. The ETF plans to invest in crypto assets with weights similar to the underlying index, with the possibility of adding other types of cryptocurrencies in the future.