Franklin Templeton has proposed the first Bitcoin and Ethereum ETF.
The ETF would combine Bitcoin and Ethereum in one fund, allowing investors to gain exposure to both cryptocurrencies through shares of this ETF.
If approved by the SEC, this ETF could make investing in crypto more mainstream, providing an easier and safer way for everyday investors to enter the crypto market.
Additionally, Franklin Templeton has launched its Franklin OnChain U.S. Government Money Fund (FOBXX), representing a significant milestone in institutional blockchain adoption.