U.S. asset management firm with $1.6T in AUM looks to launch spot ETH ETF
Franklin Templeton, the trillion-dollar investment firm, has filed an application with the SEC to launch a spot Ether ETF.
The proposed fund will be called the Franklin Ethereum ETF, according to the filing.
ETH is up more than 5% in the past 24 hours, trading above $2,600 for the first time since Bitcoin ETFs were approved a month ago.
Source: https://thedefiant.io/franklin-templeton-files-for-ethereum-etf