CryptoIntelligence
2024-04-28 06:55:10

Franklin Templeton Launches Spot Ether ETF on DTCC Platform Amid SEC Review

Franklin Templeton, a prominent asset management firm, has unveiled its spot Ether exchange-traded fund (ETF), known as the Franklin Ethereum TR Ethereum ETF (EZET), on the Depository Trust and Clearing Corporation (DTCC) website, a key platform for securities transactions in the United States. Displayed within the DTCC website’s “Create/Redeem” section, the presence of the ETF suggests it is open for creation and redemption. However, this listing doesn’t guarantee approval for Franklin’s spot Ether ETF application with the United States Securities and Exchange Commission (SEC). While the DTCC website commonly showcases securities eligible for trading and settlement, including ETFs that have

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