Franklin Templeton, a prominent asset management firm, has introduced its Ethereum exchange-traded fund (ETF) called the "Franklin Ethereum TR Ethereum ETF," bearing the ticker code EZET. This significant move involves the ETF's listing on the website of the Depository Trust and Clearing Corporation (DTCC), a pivotal entity for securities transactions in the United States.
The appearance of the ETF under the DTCC's "Create/Redeem" section is a crucial step in its operational deployment, indicating that it is now set up for creation and redemption. It is important to note that this listing does not equate to an endorsement from the U.S. Securities and Exchange Commission (SEC), as approval from the agency is still pending.
The presence on the DTCC platform implies that the ETF has met certain registration and compliance
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First found on: Crypto news from Coinatory
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