28.05.2025
Home » SEC Delays Decision on Franklin Templeton’s Bitcoin and Ethereum Index ETF

SEC Delays Decision on Franklin Templeton’s Bitcoin and Ethereum Index ETF

21.11.2024 11:00 1 min. read Alexander Zdravkov
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SEC Delays Decision on Franklin Templeton’s Bitcoin and Ethereum Index ETF

The SEC has pushed back its decision on Franklin Templeton’s proposed Bitcoin and Ethereum index ETF.

A filing from November 20, 2024, revealed that the deadline for a decision on the Franklin Crypto Index ETF has been extended to January 6, 2025.

The proposal, initially filed on September 19, 2024, was opened for public comment on October 8.

The original 45-day review period was set to end on November 22, 2024, but the SEC will now take additional time to consider the proposal.

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As of now, no public comment letters have been submitted regarding the proposed rule change.

Franklin Templeton, a firm managing assets totaling over $1.5 trillion, has already launched approved spot Bitcoin and Ethereum ETFs earlier this year, marking significant milestones in the crypto ETF space.

Alexander Zdravkov
Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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