#FranklinTempleton – one of the world's leading asset management firms – has just filed with the SEC to approve the Franklin Crypto Index ETF, allowing investment in various cryptocurrencies instead of focusing solely on one asset. If approved, this could be a crucial turning point to attract large cash flow from institutional investors into the crypto market.
📌 What’s Special About the New ETF?
According to the filing submitted on Thursday, this fund will initially only track $BTC and Ethereum, with a weight of 86.31% BTC and 13.69% ETH.
Notably, the fund does not commit to adding any other digital assets, but it does not rule out the possibility of expanding the portfolio in the future. This means that if the SEC gives the green light for other tokens, Franklin Templeton could add them to the fund.
📌 Conditions for the fund to add new tokens:
🔹 That token must be approved by the SEC in another ETF fund first.
🔹 Must comply with financial regulations in the U.S. and major jurisdictions.
📌 Why is this ETF Important?
The launch of a multi-asset crypto ETF could open up more flexible investment opportunities for both institutional and individual investors.
Jeff Hancock – CEO of Coinpass – stated:
💬 “The approval of this ETF could allow investors to access the crypto market without focusing on a single coin.”
🔹 Increased liquidity: A multi-asset ETF will help stabilize cash flow into crypto.
🔹 Reduced risk: Investors do not need to bet everything on Bitcoin or $ETH but can allocate their investment portfolio more reasonably.
🔹 Attracting institutional investors: Large funds often seek to access the crypto market but are wary of the risks from individual assets.
📌 The Crypto ETF Trend is Accelerating
📈 Franklin Templeton is not the only company pushing #cryptoETF . Recently, Bitwise and Grayscale have filed to open a Dogecoin ETF, while there have been 4 applications for approval of an XRP ETF in just the last 24 hours.
Additionally, other funds like Bitwise Bitcoin & Ethereum ETF and Hashdex Nasdaq Crypto Index US ETF are also awaiting SEC approval.
📌 SEC Under Donald Trump – Will Crypto be Easier?
The explosion of crypto ETF applications came after Donald Trump's election, when he appointed Paul Atkins – a crypto-friendly figure – as the Chairman of the SEC.
Analyst Glen Goodman comments:
💬 “Paul Atkins strongly supports crypto. When he takes over the SEC, regulations on crypto ETFs will be much more lenient.”
If the SEC truly changes its stance, many new types of crypto ETFs could be approved, helping the crypto market enter a stronger growth phase.
📌 Conclusion: Are Multi-Asset Crypto ETFs the Future?
Franklin Templeton's push for a Crypto Index ETF shows that the market has a high demand for diverse crypto investment funds. If the SEC approves, this could be a significant milestone to attract massive cash flow from financial institutions into crypto.
Do you think multi-asset ETFs will be the new trend in crypto? 🚀💰 #anhbacong