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Franklin Templeton takes initial step for spot Ethereum ETF with new SEC filing

Franklin Templeton takes initial step for spot Ethereum ETF with new SEC filing

Investment firm Franklin Templeton threw in its hat for a spot Ethereum ETF, joining others in their bid for potential approval from the SEC.

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Franklin Templeton Joins Ethereum ETF Race

The asset manager is also one of the issuers of a spot bitcoin exchange-traded fund but hasn’t seen the same success as frontrunners BlackRock and Fidelity.

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Did President Biden Just Endorse Bitcoin?

The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency.

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Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues

Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination continued.

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Spot bitcoin ETFs saw $1.1 billion of inflows last week, CoinShares says

Spot bitcoin ETFs dominated the market of crypto investment products last week with $1.1 billion of inflows, CoinShares said.

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Tether and Circle Stablecoin Purchases Dominate in Argentina

Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.

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FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.

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The FTX Hack: The Unsolved SIM Swap Mystery

New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.

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The Block Backs New Digital Asset Indices Firm Amid ETF Boom

GMCI introduces GMCI 30, a benchmark index tracking the market performance of large-cap cryptocurrencies The Block, a premier provider of information services in the digital asset industry, together with Wintermute, a digital asset liquidity provider and OTC trading desk, today announced the backing of GMCI. This new company aims to deliver comprehensive index products for […]

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Bitcoin rises above $50,000 amid slowdown in selling of Grayscale’s GBTC fund

Bitcoin’s briefly hit the $50,000 mark, amid a slowdown in selling of Grayscale’s GBTC funds, according to analysts.

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