💨 Abstract

Franklin Templeton Investments has announced plans to launch a new crypto index exchange-traded fund (ETF), seeking regulatory approval. The move comes as asset managers look to capitalize on the crypto wave following Donald Trump's U.S. presidential election win and his support for digital assets. The Securities and Exchange Commission approved bitcoin and ether ETFs last year, allowing more investors, including institutional investors, to gain exposure to bitcoin.

Courtesy: theprint.in

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