Franklin Templeton Files for Bitcoin ETF, Joins Race for Crypto ‘Holy Grail
Franklin Templeton, a leading asset manager, has entered the race for a Bitcoin spot ETF with the "Franklin Bitcoin ETF". The aim of many of these leading institutions applying for ETFs is to attract large institutional investors, which could potentially bring trillions of dollars into the crypto industry. Franklin Templeton's ETF will be based on a mix of cryptocurrency exchange Bitcoin prices to deter price manipulation.
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Franklin Templeton Files for Bitcoin ETF, Joins Race for Crypto ‘Holy Grail
Franklin Templeton, a leading asset manager, has entered the race for a Bitcoin spot ETF with the "Franklin Bitcoin ETF". The aim of many of these leading institutions applying for ETFs is to attract large institutional investors, which could potentially bring trillions of dollars into the crypto industry. Franklin Templeton's ETF will be based on a mix of cryptocurrency exchange Bitcoin prices to deter price manipulation.