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Franklin Templeton seeks approval for Ethereum ETF from SEC, signaling institutional interest in Ethereum.
Wall Street giant Franklin Templeton, with $1.4 trillion in assets under its management, has filed for a spot Ethereum exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC).
The proposed "Franklin Ethereum Trust" would track Ethereum prices and possibly engage in staking activities, a contentious issue in the crypto space.
This move indicates growing institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization.
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Franklin Templeton busca la aprobación de la SEC para el ETF de Ethereum, lo que indica interés institucional en Ethereum.