Franklin Templeton Files Application to Launch a Crypto Index ETF
Franklin Templeton on Friday submitted an S-1 form to the US Securities and Exchange Commission.
The form proposed a new exchange-traded fund, known as the Franklin Crypto Index ETF, which would trade under the ticker EZPZ and hold both Bitcoin and Ether.
The ETF would allocate funds in a manner determined by the market capitalization of each digital asset. The chosen digital asset custodian would be Coinbase, and the fund may add other digital assets in the future with regulatory approval.
The exchange Cboe BZX, where Franklin Templeton’s EZPZ would be traded, has also submitted forms seeking regulatory approval for ETFs containing Solana.
However, some industry experts have doubts about the approval of a Solana ETF under the current political administration.
