If approved, this ETF would be traded on the Cboe BZX Exchange and invest predominantly in Bitcoin and Ethereum by market capitalization. According to the February 6 filing, the current breakdown is:

• Bitcoin: 86.31
• Ethereum: 13.69

This rate will be updated four times a year, in March, June, September and December.

Growing Interest in Crypto ETFs and Solana Speculation

Franklin Templeton’s application comes on the heels of a similar Bitcoin and Ethereum ETF application by Bitwise on January 31.

The company said that other major crypto assets such as Solana (SOL), Avalanche (AVAX) and Cardano (ADA) could be added to the ETF in the future. However, it was emphasized that both the fund and Cboe BZX must receive regulatory approval for this to happen.

Meanwhile, speculation about the Solana ETFs continues. ETF analyst James Seyffart stated that based on the SEC’s past review periods, the Solana ETF could be approved in 2026 at the earliest.

4 New Filings for XRP ETFs on the Same Day

On the same day as Franklin Templeton’s ETF filing, the Cboe BZX Exchange also filed 19b-4 applications for the listing of XRP spot ETFs in the US. Fund managers that applied include Canary Capital, WisdomTree, 21Shares and Bitwise.

The increased filings come after Donald Trump’s inauguration as president and staffing changes at the SEC. On January 20th, the resignation of SEC Chairman Gary Gensler strengthened expectations that the crackdown on the crypto sector would ease.

New SEC Acting Chairman Mark Uyeda is seen as a crypto-friendly figure and recently included a policy director from Coin Center on the SEC’s Crypto Task Force.

Franklin Templeton’s filing shows that the number of crypto-focused ETFs in the US is growing rapidly and the market is becoming more integrated with the traditional financial world.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Franklin Templeton Files for Crypto Index ETF for Bitcoin and Ethereum appeared first on Coin Engineer.