Franklin Templeton submitted a new proposal to the U.S. Securities and Exchange Commission to launch a Bitcoin and Ethereum cryptocurrency index ETF. This move marks the continued interest of traditional financial institutions in the cryptocurrency market. 📈

The launch of the ETF may provide investors with a more convenient way to access crypto assets, while also potentially driving further maturation of the market. However, the SEC's approval process is often complex and time-consuming, so market participants need to remain patient. ⏳

Regardless of the outcome, this application underscores the growing significance of cryptocurrencies in the global financial market. 🌍