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Franklin Templeton Head of Digital: More ETP applications expected

Sandy Kaul, Digital Asset Director at Franklin Templeton, said in an interview that we see the potential of the entire cryptocurrency field, so we will continue to develop our product line and continue to provide more opportunities for our investors to obtain this innovation and capture what we call the test version of this new protocol economy. When asked about Franklin Templeton's inclination towards Ethereum, Kaul did not provide specific details, but she said that the public should expect the company to submit more Exchange Traded Products (ETP) filings. You can expect to see us submit more documents at some point.

Franklin Templeton CEO: Will continue to create investment products that customers need, whether in the form of crypto ETFs or mutual funds

Jenny Johnson, CEO of Franklin Templeton, said in an interview with CNBC that the company has decided to launch a physical Bitcoin ETF because the demand for Bitcoin continues to increase. The launch of Franklin Templeton's Bitcoin ETF is a strategic response to Bitcoin's increasing use in trading and its integration into a wider financial system. The industry is still in its early stages, and holding Bitcoin is very complicated for ordinary people who do not understand the technology. Bitcoin ETFs allow people to access Bitcoin without dealing with the complexity of the technology. She added that ETFs make Bitcoin more accessible, which is ultimately a good thing for adopting Bitcoin. Johnson also said that Franklin Templeton has been bullish on the crypto industry for many years and conducted in-depth research on asset tokenization on public blockchains for the first time in 2021. The company will continue to create investment products that customers need, whether in the form of crypto ETFs or mutual funds. However, she did not further elaborate on the company's future plans.

Franklin Templeton CEO: Investor demand for Bitcoin is huge

Jenny Johnson, CEO of Franklin Templeton, said that she has seen a great demand for Bitcoin from investors in its spot Bitcoin ETF, and there are many reasons for this, such as the increasing popularity of Bitcoin payment scenarios. She said, "Bitcoin is almost considered an insurance or safe investment component, but I also believe that it is very important to drive the next real opportunity in the blockchain world."

Franklin Templeton drops its Bitcoin ETF fee from 0.29% to 0.19%

Franklin Templeton has lowered the expense ratio of its Bitcoin ETF (EZBC) from 0.29% to 0.19%, according to a filing submitted to the US Securities and Exchange Commission (SEC) on Friday. Franklin Templeton lowered its fees by 10 basis points, making its fund the lowest-cost option, replacing Bitwise's 0.2% fee.

Franklin Templeton changes X avatar with red laser eyes

Asset management company Franklin Templeton, with a market value of $1.5 trillion, changed the avatar of its X account after the approval of its bitcoin spot ETF by the US Securities and Exchange Commission (SEC). The company added a laser eye to its logo with 18th century figure Ben Franklin on it.

Franklin updates its Bitcoin Spot ETF S-1 filing, setting fee rate at 0.29%

According to the SEC website, Franklin updated its Bitcoin spot ETF S-1 document, with an ETF fee set at 0.29%.

Franklin Templeton updates its spot Bitcoin ETF prospectus to SEC

Odaily Planet Daily News Bloomberg analyst James Seyffart said on X platform that Franklin Templeton has updated its prospectus for its spot Bitcoin ETF with the SEC. Earlier that day, James Seyffart said that Franklin Templeton was the only applicant who had not submitted a modified S-1 application, and the SEC had opened a comment period on its application. Scott Johnsson, a general partner at Van Buren Capital, said in an X post, "They may choose to do this early so that they can end the comment period before January 10 and approve all applications at the same time."
Franklin Templeton updates its spot Bitcoin ETF prospectus to SEC

SEC Delays Decision on Bitcoin ETFs, Potentially Setting Up Approvals in January

The SEC has postponed its decision on whether to approve or reject proposals for two bitcoin ETFs, the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. Bloomberg ETF Analyst James Seyffart has suggested that the SEC may be preparing to approve a batch of bitcoin ETFs in early January by delaying decisions until now. The SEC has requested public comments on issues such as the potential for manipulation of the funds and underlying bitcoin markets. The final decision on whether to approve or reject the proposed rule change will be made by January 1, 2024, and interested parties have 21 days to submit initial comments to the SEC.