Franklin Templeton has filed for approval of a new Crypto Index ETF with the U.S. Securities and Exchange Commission (SEC). This fund would offer exposure to Bitcoin (BTC-USD) and Ethereum (ETH-USD), currently weighted at 86.31% BTC and 13.69% ETH. According to Cointelegraph, the index will be rebalanced quarterly to reflect market capitalization.
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ETF Competition Intensifies
This move adds to the surge in crypto ETF applications since President Donald Trump’s administration took over in January. The timing is key. SEC leadership changes, including the resignation…
