The SEC has postponed its decision on the Franklin Crypto Index ETF EZPZ.
BlockBeats News, on November 21, reported by The Block, that according to a document released on Wednesday, the U.S. SEC has postponed its decision on the Franklin Crypto Index ETF EZPZ. Franklin Templeton submitted a registration statement for the Franklin Crypto Index ETF to the agency in August, which will hold both Ethereum and Bitcoin.
If approved, the proposed Franklin Crypto Index ETF will be listed on the Cboe BZX exchange and will use Coinbase Custody Trust Company LLC as its digital asset custodian. The SEC stated in the document, "The Commission believes that a longer period should be designated to take action on the proposed rule change to allow sufficient time to consider the proposed rule change and the questions raised therein."
The SEC has postponed its decision on the Franklin Crypto Index ETF EZPZ.
BlockBeats News, on November 21, reported by The Block, that according to a document released on Wednesday, the U.S. SEC has postponed its decision on the Franklin Crypto Index ETF EZPZ. Franklin Templeton submitted a registration statement for the Franklin Crypto Index ETF to the agency in August, which will hold both Ethereum and Bitcoin.
If approved, the proposed Franklin Crypto Index ETF will be listed on the Cboe BZX exchange and will use Coinbase Custody Trust Company LLC as its digital asset custodian. The SEC stated in the document, "The Commission believes that a longer period should be designated to take action on the proposed rule change to allow sufficient time to consider the proposed rule change and the questions raised therein."
