The post Franklin Templeton’s Ethereum ETF Listed on DTCC Despite Expected SEC Rejection appeared first on Coinpedia Fintech News
While rumors have it that the SEC is most likely to reject Ethereum ETFs on the May 23rd deadline, Franklin Templeton’s recent listing of its Ethereum ETFs on the Depository Trust and Clearing Corporation (DTCC) has shocked everyone.
The “Franklin Ethereum TR Ethereum ETF,” with the code EZET, was added to DTCC after news suggested that the U.S. Securities and Exchange Commission (SEC) might deny its approval for Ethereum-based ETFs. [PN] FRANKLIN ETHEREUM TR ETHEREUM ETF (EZET) ADDED TO DTCC WEBSITE pic.twitter.com/yj0e10Q1pF
— Phoenix » PhoenixNews.io (@PhoenixTrades_) April 26, 2024
Franklin Templeton’s Ethereum ETF
Franklin Templeton has launched its Ethereum ETF, which is currently listed on the DTCC. The DTCC website’s Create/Redeem column indicates that the ETF is eligible for creation and redemption, two critical aspec
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