Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ

SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ

The BlockThe Block2024/11/19 16:00
By:The Block

Quick Take Franklin Templeton in August filed a registration statement with the agency for the Franklin Crypto Index ETF that would hold both ether and bitcoin. The SEC decided to postpone deciding whether to approve, disapprove or “institute proceedings,” according to a filing on Wednesday.

SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ image 0

The U.S. Securities and Exchange Commission pushed back the date to decide how to move forward with a proposal for a combined ether and bitcoin exchange-traded fund.

Investment firm Franklin Templeton previously filed a registration statement with the agency for the Franklin Crypto Index ETF in August that would hold both cryptocurrencies under the ticker EZPZ.

The SEC decided to postpone making a decision whether to approve, disapprove or "institute proceedings," according to a filing on Wednesday.

"The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," the agency said.

The proposed Franklin Crypto Index ETF, if approved, would be listed on the Cboe BZX Exchange and use Coinbase Custody Trust Company LLC as its digital asset custodian.

The SEC's filing comes a day after spot bitcoin ETF options went live . Firms started trying to list and trade options for spot bitcoin ETFs after the SEC approved 11 spot bitcoin ETFs in January . The agency also approved spot Ethereum ETFs in May.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

From SDK to "Zero-Code" DEX Building: Orderly's Three-Year Masterpiece

Orderly ONE proves that sticking to one thing and doing it to the extreme is the right approach.

ForesightNews 速递2025/10/16 10:15
From SDK to "Zero-Code" DEX Building: Orderly's Three-Year Masterpiece

The Ethereum community collectively gives a thumbs up: Has ZK technology finally moved from the lab to production-grade tools?

Brevis has achieved proof for 99.6% of Ethereum blocks within 12 seconds, with an average time of only 6.9 seconds, using just 64 RTX 5090 GPUs.

ForesightNews 速递2025/10/16 10:15
The Ethereum community collectively gives a thumbs up: Has ZK technology finally moved from the lab to production-grade tools?

When the market complains about CZ, people begin to miss SBF

SBF interview: The bankruptcy lawyers won, the creditors received full repayment, and the one who could have made them even richer is now waiting for the day when the world recognizes the truth.

ForesightNews 速递2025/10/16 10:14
When the market complains about CZ, people begin to miss SBF

MegaETH Valuation Game: A Good Entry Opportunity or Approaching Risk?

Is this a good time to enter the market?

ForesightNews 速递2025/10/16 10:14
MegaETH Valuation Game: A Good Entry Opportunity or Approaching Risk?