{"id":42524,"date":"2025-02-07T09:27:49","date_gmt":"2025-02-07T09:27:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=42524"},"modified":"2025-02-07T09:27:49","modified_gmt":"2025-02-07T09:27:49","slug":"franklin-templeton-files-for-multi-asset-crypto-etf-amid-surge-in-post-trump-crypto-applications","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=42524","title":{"rendered":"Franklin Templeton Files For Multi-Asset Crypto ETF Amid Surge In Post-Trump Crypto Applications"},"content":{"rendered":"

Franklin Templeton has officially filed<\/a> for a multi-asset cryptocurrency exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), adding to the growing wave of crypto-related ETF applications following the inauguration of President Donald Trump. <\/span><\/p>\n

The firm\u2019s move reflects the increasing demand for diversified crypto investment vehicles amid regulatory shifts in the financial landscape.<\/span><\/p>\n

If approved, the Franklin Crypto Index ETF will track the spot prices of Bitcoin (BTC) and Ethereum (ETH), offering investors exposure to both leading digital assets within a single fund. <\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n

The ETF Will be Listed On <\/span>Cboe<\/span> BZX Exchange<\/span><\/h2>\n

According to the 6 February 2025 filing, the ETF will be listed on the Cboe BZX Exchange and <\/span>will be<\/span> weighted by market capitalization. As of the filing date, Bitcoin <\/span>made up<\/span> 86.31% of the index, while Ethereum accounted for 13.69%. <\/span><\/p>\n

The ETF is set to be rebalanced quarterly in March, June, September, and December to reflect market shifts.<\/span><\/p>\n

The filing comes just days after Bitwise submitted a similar application for a Bitcoin and Ethereum ETF on 31 January 2025. Franklin Templeton has also indicated that the fund may expand to include other digital assets <\/span>in the future<\/span>, but only after receiving regulatory approval from the SEC and Cboe BZX Exchange. <\/span><\/p>\n

The firm, however, cautioned that there is \u201cno assurance\u201d that any additional cryptocurrencies beyond Bitcoin and Ethereum will be incorporated.<\/span><\/p>\n

The document outlines several potential risks associated with the fund, including increased competition from emerging cryptocurrencies such as Solana (SOL), Avalanche (AVAX), and Cardano (ADA).<\/span><\/p>\n

Spot ETF <\/p>\n

6 th\u00e1ng 2 | 7 th\u00e1ng 2
Source: FARSIDE UK#BTC<\/a> *FINAL
Grayscale \u201cMini\u201d (BTC) + 5.2
Fidelity (FBTC) -103.2
Grayscale (GBTC) -42.2
VanEck (HODL) 0.0
Bitwise (BITB) 0.0
ARK (ARKB) 0.0
WisdomTree (BTCW) 0.0
Invesco (BTCO) 0.0
Franklin\u2026<\/p>\n

\u2014 ThuanCapital.eth (@ThuanCapital) February 7, 2025<\/a><\/p>\n\n

The growing popularity of these alternative blockchain platforms could impact demand for Bitcoin and Ethereum-based ETFs. <\/span><\/p>\n

Despite speculation about Solana ETFs, ETF analyst James Seyffart recently suggested that such funds may not launch until 2026, given the SEC\u2019s history of lengthy review processes spanning 240\u2013260 days.<\/span><\/p>\n

Franklin Templeton\u2019s filing coincided with a Cboe BZX Exchange submission seeking approval for spot XRP ETFs from Canary Capital, WisdomTree, 21Shares, and Bitwise. <\/span><\/p>\n

This latest wave of ETF applications follows major leadership changes at the SEC, including the resignation of former Chair Gary Gensler on January 20. <\/span><\/p>\n

The new acting SEC Chair, Mark Uyeda, is seen as more crypto-friendly and recently appointed a policy director from the crypto advocacy group Coin Center to the SEC\u2019s Crypto Task Force.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Top 10 AI Agent Crypto Coins to Buy in 2025<\/span><\/a><\/strong><\/p>\n

Crypto ETF Filings Surge Following Gensler\u2019s Departure<\/span><\/h2>\n

Franklin Templeton\u2019s ETF <\/span>filing comes<\/span> at a pivotal time for the SEC and cryptocurrency ETFs, following the resignation of SEC Chair Gary Gensler on Jan. 20.<\/span><\/p>\n

Gensler, known for his cautious stance on crypto regulations,\u00a0stepped down\u00a0amid increasing pressure for greater regulatory clarity in the digital asset space.<\/span><\/p>\n

His departure has triggered a wave of new crypto ETF filings, including\u00a0Osprey Funds\u00a0and REX Shares, which filed for\u00a0meme coin ETFs covering Dogecoin (DOGE), Official Trump (TRUMP), and Bonk (BONK) on Jan. 21.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>15 New & Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n

The post Franklin Templeton Files For Multi-Asset Crypto ETF Amid Surge In Post-Trump Crypto Applications<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Franklin Templeton has officially filed for a multi-asset cryptocurrency exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), adding to the growing wave of crypto-related ETF applications following the inauguration of President Donald Trump. The firm\u2019s move reflects the increasing demand for diversified crypto investment vehicles amid regulatory shifts in the financial landscape. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42524","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/42524"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42524"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/42524\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}