Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC
Ethereum Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC Balita ng Ethereum ng Bitcoin Financial services titan Franklin Templeton has listed its new spot market Ethereum (ETH) exchange-traded fund (ETF) with the Depository Trust and Clearing Corporation (DTCC). In its products offering page, the DTCC has listed Ethereum-based exchange-traded products (ETPs) from key financial giants, including Franklin Templetons Ethereum TR Ethereum ETF (EZET). The DTCC, founded in 1999, is a post-trade financial services firm that provides clearing and settlement services for markets. The DTCCs website routinely lists securities that are eligible to be traded, including ETFs that have gone through the proper approval process. However, the listing on DTCC does not guarantee that the ETF will be approved by regulators. During the last several months, Franklin Templeton and other firms – such as BlackRock, Hashdex, Bitwise and ARK Invest – applied with the U.S. Securities and Exchange Commission (SEC) to create spot market ETH-based ETFs. In March, the regulatory body said that it needed more time to consider the matter and delayed making its decision until the end of May. Last week, Bloomberg ETF analyst Eric Balchunas said that the chances of the SEC approving a spot market ETH ETF are low. Franklin Templeton and other firms