Franklin Templeton Files for Ethereum Spot ETF

IconCryptoNewsTerminal Staff10 Jul, 2024

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Franklin Templeton Files for Ethereum Spot ETF

Franklin Templeton, the issuer of Bitcoin spot ETF, has filed a listing application with the U.S. Securities and Exchange Commission (SEC) for an Ethereum (ETH) spot ETF. The approval of this application, known as 8-A12B, could potentially lead to the approval of spot ETFs. This follows Franklin Templeton's amended prospectus (S-1) filing for its spot ETF on the 22nd of last month. The management fee for Franklin Templeton's ETH spot ETF is expected to be 0.19%.