According to Wu, Franklin Templeton submitted an S-1 application on August 16, planning to launch a new crypto index ETF, aiming to become a one-stop cryptocurrency investment portfolio.
The ETF will track the performance of the CF Institutional Digital Asset Index, which currently includes Bitcoin and Ethereum. The filing shows that the fund will achieve its investment objectives by investing in digital assets with the same weight as the underlying index and may hold other types of cryptocurrencies in the future.
