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Franklin Templeton Seeks SEC Approval for New Cryptocurrency Index ETF

BlockBeats News, February 7th, Franklin Templeton Investments has stated that the company is seeking regulatory approval to launch a new cryptocurrency index ETF. Several companies have applied for approval for ETFs consisting of cryptocurrencies other than Bitcoin and Ethereum, such as SOL and XRP, and the approval for these ETFs is still pending.

In a regulatory filing, Franklin Templeton stated: "The fund may currently not hold any digital assets other than BTC and ETH. It is currently uncertain whether any additional digital assets will be added to the underlying index in the future." If other cryptocurrency ETF applications receive approval from the U.S. SEC, this will provide Franklin with room to adjust its ETF.

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