Franklin Templeton Files for Spot Ether ETF, Joins the Race with Ark 21Shares and BlackRock According to Blockworks, Franklin Templeton has filed for a spot ether ETF, joining other firms like Ark 21Shares and BlackRock in the race. The filing states that the shares are intended to offer a convenient means of making an investment similar to an investment in ether, rather than acquiring, holding and trading ether directly on a peer-to-peer basis or otherwise or through a digital asset. platform. Franklin was one of nearly a dozen companies that launched a bitcoin ETF in January after the Securities and Exchange Commission (SEC) gave the green light to issuers. In the recent filing, Franklin also expressed interest in staking ether ( ETH) held by the proposed fund. Ark 21Shares updated its prospectus last week to include language about betting, which was not present in previous filings or BlackRock filings. Franklin's presentation does not include the brackets that were present in the Ark 21Shares presentation. The filing states that the sponsor may stake a portion of the fund's assets through one or more trusted staking providers, including an affiliate of the sponsor, and the fund would receive certain staking rewards in ether tokens, which may be treated as income. for the background. Blockworks Research analyst Spencer Hughes said the language marks a potential milestone for the intersection of traditional finance and digital assets, as around 25% of the total ETH supply is currently up for grabs. A decision on ETH spot ETFs is expected in May, and Bloomberg Intelligence analyst James Seyffart believes there is a 60% chance the SEC will approve the ETFs. #Write2Earn