đ Franklin Templeton plans to launch a cryptocurrency ETF that owns both Bitcoin and Ethereum đ
Fund management company Franklin Templeton recently filed an S-1 application to launch a new cryptocurrency ETF. Â This ETF will track the performance of the CF Institutional Digital Asset Index, allowing you to easily own Bitcoin and Ethereum - a combination of the two top cryptocurrencies with a one-time investment!
Imagine that you can own both Bitcoin and Ethereum shares by buying an ETF, just like buying a "double package" of cryptocurrencies. In this way, it is much simpler for investors who are still struggling to decide how much Bitcoin ETF or Ethereum ETF to buy. Just buy this ETF and you're done.
This is definitely good news for the cryptocurrency market, indicating that the cryptocurrency market is becoming more and more popular. At the same time, given that they have not only issued Bitcoin spot ETFs, but also Ethereum spot ETFs, and now they are applying for a hybrid version of the ETF, this is definitely a big plus for the entire market.
This move by #FranklinTempleton shows their continued layout in the cryptocurrency market. Although the ETF currently only includes Bitcoin spot ETF and Ethereum spot ETF, there is a view that this ETF may also add other cryptocurrency projects in the future.
This development is a positive signal for the entire cryptocurrency market, indicating that traditional financial institutions are increasingly accepting and participating in the cryptocurrency field. Franklin Templeton's move not only provides investors with more options, but also helps promote the maturity and popularity of the cryptocurrency market and the spot ETF market.
đŹ What do you think of this new hybrid ETF? Which new cryptocurrency do you expect to see added to this ETF in the future? Leave your opinion in the comment section!
