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Ben Weiss

Franklin Templeton files for Bitcoin ETF, joins race for crypto ‘holy grail’

Franklin Templeton Bitcoin ETF Crypto BlackRock SEC Fidelity Grayscale

Jenny Johnson speaks at Consensus, a crypto conference, in 2023. (Credit: Matthew Busch—Bloomberg/Getty Images)

Yet another legacy firm from Wall Street is entering the fray for a Bitcoin spot exchange-traded fund, following early applications from BlackRock and Fidelity.

Franklin Templeton, a financial heavyweight that dates its founding back to the mid-20th century, submitted an application for what it calls the “Franklin Bitcoin ETF” on Tuesday morning, according to a Securities and Exchange Commission filing.

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