<ul><li>The US Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s application to launch a crypto index exchange-traded fund (ETF) offering exposure to Bitcoin (BTC) and Ethereum (ETH) to Jan. 6, 2025.</li><li>The SEC can extend the 45-day deadline for decision up to 90 days if it finds additional time necessary to evaluate the rule change and associated issues.</li><li>If approved, the Franklin Crypto Index ETF would trade on the Cboe BZX Exchange under the Franklin Crypto Trust with the ticker EZPZ.</li><li>This delay comes as asset managers in the US seek approval for ETFs tracking cryptocurrencies like XRP, Solana (SOL), Hedera (HBAR), and Litecoin (LTC).</li></ul>

SEC delays decision on Franklin Templeton’s crypto Index ETF to 2025

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