Franklin Templeton Seeks Approval For New Crypto Index ETF

According to Odaily, Franklin Templeton Investments is seeking regulatory approval to launch a new cryptocurrency index ETF. Several companies have already applied for approval of ETFs for cryptocurrencies other than Bitcoin and Ethereum, such as SOL and XRP, which are still pending approval. In a regulatory filing, Franklin Templeton stated, "The fund may not currently hold any digital assets other than BTC and ETH. It is uncertain whether other digital assets will be added to the underlying index in the future." If other cryptocurrency ETF applications receive approval from the U.S. SEC, it could allow Franklin to modify its ETF accordingly.