📈 CBOE Submits Ethereum Spot ETF Filing for Franklin Templeton 📈

📅 Date: February 23, 2024

📄 Filing Details:

- CBOE has submitted a 19b-4 Ethereum spot ETF filing on behalf of Franklin Templeton.

- Franklin Templeton previously submitted an S-1 application to the SEC last week.

🚀 Significance:

- Represents ongoing efforts to launch an Ethereum-based ETF.

- If approved, the ETF would offer investors exposure to the Ethereum market without directly holding the cryptocurrency.

đŸ€” SEC's Stance:

- The SEC has not yet approved any cryptocurrency ETFs.

- Franklin Templeton and CBOE's filing indicates a continued industry push for regulatory approval.

📈 Potential Impact:

- Approval could pave the way for future cryptocurrency ETFs and contribute to mainstream adoption of digital assets.

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