đ CBOE Submits Ethereum Spot ETF Filing for Franklin Templeton đ
đ Date: February 23, 2024
đ Filing Details:
- CBOE has submitted a 19b-4 Ethereum spot ETF filing on behalf of Franklin Templeton.
- Franklin Templeton previously submitted an S-1 application to the SEC last week.
đ Significance:
- Represents ongoing efforts to launch an Ethereum-based ETF.
- If approved, the ETF would offer investors exposure to the Ethereum market without directly holding the cryptocurrency.
đ€ SEC's Stance:
- The SEC has not yet approved any cryptocurrency ETFs.
- Franklin Templeton and CBOE's filing indicates a continued industry push for regulatory approval.
đ Potential Impact:
- Approval could pave the way for future cryptocurrency ETFs and contribute to mainstream adoption of digital assets.
#Cboe #Write2Earn #ETH #TrendingTopic #cryptonews đ $ETH