Franklin Templeton exploring crypto fund for tokens other than bitcoin and ether: report | Headlines | News | CoinMarketCap
06/07/2024 00:42
Franklin Templeton, an issuer of a spot bitcoin ETF in the U.S., is considering the launch of a new crypto fund that would invest in tokens other …
Franklin Templeton, an issuer of a spot bitcoin ETF in the U.S., is considering the launch of a new crypto fund that would invest in tokens other than BTC and ETH, according to The Information, which cited anonymous sources.
Besides its spot bitcoin ETF, which has more than $350 million under management, according to The Block Data Dashboard, Franklin Templeton has also applied to list a spot ether ETF.
With this new crypto fund, if launched, Franklin Templeton is considering offering staking rewards as part of the fund, the report said. When spot Ethereum ETFs gained initial approval last month, staking rewards were not included in the proposed financial instruments.
Franklin Templeton did not immediately respond to The Block's request for comment.
While Franklin Templeton's spot …