Franklin Templeton is considering entering the European crypto ETP market, following BlackRock's recent entry.
While Franklin Templeton already manages a $811 million crypto ETF in the United States, its representative confirmed that the firm is monitoring the regulatory landscape in Europe.
Investor interest in crypto ETPs remains strong, with 75% of professional investors showing interest in investing in a bitcoin ETP in the next two years.
Franklin Templeton's potential launch of a European crypto ETP aims to meet the growing needs of its clients amid the increasing institutional interest in digital assets.