The SEC has delayed the review of Franklin Templeton's application for a cryptocurrency index ETF, which is intended to hold both Bitcoin and Ethereum simultaneously.
According to Deep Tide TechFlow, on November 21, The Block reported that the U.S. Securities and Exchange Commission (SEC) has announced a delay in making a decision on the cryptocurrency ETF application submitted by Franklin Templeton. The fund plans to hold both Bitcoin and Ethereum and intends to list under the ticker EZPZ on the Cboe BZX exchange, with Coinbase Custody Trust Company LLC serving as the digital asset custodian. Franklin Templeton submitted the registration application for this product in August 2024. The SEC stated that it needs more time to review the proposal and related issues.
The SEC has delayed the review of Franklin Templeton's application for a cryptocurrency index ETF, which is intended to hold both Bitcoin and Ethereum simultaneously.
According to Deep Tide TechFlow, on November 21, The Block reported that the U.S. Securities and Exchange Commission (SEC) has announced a delay in making a decision on the cryptocurrency ETF application submitted by Franklin Templeton. The fund plans to hold both Bitcoin and Ethereum and intends to list under the ticker EZPZ on the Cboe BZX exchange, with Coinbase Custody Trust Company LLC serving as the digital asset custodian. Franklin Templeton submitted the registration application for this product in August 2024. The SEC stated that it needs more time to review the proposal and related issues.
