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International Business Times

Business

Marvie Basilan

Asset Management Giant Franklin Templeton Files SEC Application For Spot ETH ETF

Franklin SEC ETF Franklin Templeton James Seyffart Ethereum Bitcoin BlackRock Fidelity

Franklin Templeton has become the latest company to apply for a spot ETH ETF. (Credit: YouTube Screenshot/ Franklin TempletonTV Official YouTube Chanel)

KEY POINTS

Franklin tapped Coinbase to take custody of its Ether holdings
The asset management titan hasn't seen as much success as BlackRock and Fidelity in spot BTC ETFs
Franklin previously said it sees a 'bright future' in the Ethereum ecosystem

Franklin Templeton has joined the list of asset management firms to apply for a spot Ethereum exchange-traded fund (ETF) in the United States, as per a Feb. 12 filing with the Securities and Exchange Commission (SEC).

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