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Franklin Templeton Joins BlackRock and Fidelity in Spot Bitcoin ETF Pursuit

The US-based asset management firm Franklin Templeton entered the race to obtain approval for the first US exchange-traded fund (ETF) that directly invests in Bitcoin. Franklin Templeton filed an application with the US Securities and Exchange Commission (SEC) today (Tuesday), joining the ranks of other asset managers like Fidelity and BlackRock.If the SEC gives the green light, Franklin Templeton intends to rely on Coinbase Global as the custodian for the ETF’s Bitcoin holdings, while Bank of N... Read More

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Franklin

Templeton

Joins

Blackrock

Fidelity

Spot

Bitcoin

Pursuit

Forex

Posted: Sep 12 2023, 19:35

Author Name: financemagnates

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