Franklin Templeton files S-1 for new crypto index ETF
The Franklin Crypto Index ETF will track the performance of the CF Institutional Digital Asset Index, which currently includes Bitcoin and Ethereum tickers
Asset manager Franklin Templeton plans to introduce a new exchange-traded fund (ETF), designed as a one-stop-shop for a crypto portfolio, according to an August 16 filing. The Franklin Crypto Index ETF will track the performance of the CF Institutional Digital Asset Index, which currently includes Bitcoin and Ethereum tickers.
The ETF aims to achieve its investment objective by investing in digital assets in approximately the same weights as they represent in the underlying index. It may also hold additional types of cryptocurrencies in the future.
