Franklin Templeton Debuts Money Fund on Arbitrum Network
The US-based investment management company Franklin Templeton, which has over $1.5 trillion in assets under management, has introduced…
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The US-based investment management company Franklin Templeton, which has over $1.5 trillion in assets under management, has introduced…
Franklin Templeton has launched its US government money fund on Ethereum Layer 2 network Arbitrum. The asset manager’s expansion of FOBXX adds to accessibility on Stellar and Polygon. Franklin Templeton, a global asset manager with $1.66 trillion in assets under management, has expanded its money market fund, the Franklin OnChain U.S. Government Money Fund (FOBXX) […]
The post Franklin Templeton expands tokenized fund to Arbitrum appeared first on CoinJournal.
While Grayscales spot Ether ETF experienced substantial outflows, other ETFs are showing different trends.
Tokenized treasury products are gaining widespread adoption on blockchain networks.
Avalanche’s AVAX token surged nearly 7% to around $25 following the announcement that major institutional firms Grayscale and Franklin Templeton were expanding their products to the blockchain network’s ecosystem. The price increase helped reverse the recent downtrend for AVAX, which has fallen 20% over the past month amid broader market stagnation. Despite the recovery, […]
The post AVAX rebounds 7% as Grayscale and Franklin Templeton join network appeared first on CryptoSlate.
It joins Grayscales suite of more than 20 crypto investment products.
Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance.
Franklin Tmplton, prominnt sst mngmnt firm with $1.6 trillion in ssts undr its wtch, fild n S-1 ppliction with th U.S. Scuritis nd Exchng Commission (SEC) on August 16. This ppliction sks prmission to lunch nw Crypto Indx Exchng-Trdd Fund (ETF) tht will initilly focus on Bitcoin nd Ethrum. Th proposd ETF, nmd […]
Franklin Templeton has applied to the U.S. Securities and Exchange Commission (SEC) to launch a new cryptocurrency ETF.…
In a move that might prove pivotal in shifting cryptocurrency market fortunes, Ethereum exchange-traded funds see action as major financial players jockey for approval. Early Monday, VanEck filed an amended S-1 registration statement for its spot Ethereum ETF, detailing minor changes to custody arrangements. Following the lead from VanEck, several other companies, including 21Shares, BlackRock, […]
The acquisition could be another step toward the first spot crypto ETF launching in Japanese markets.
Franklin Templeton has said that Solana has shown “major adoption and continues to mature” The asset manager launched its second digital asset-backed ETF, the Franklin Ethereum ETF (EZET) Franklin Templeton has agreed to fully waive its fees until January 2025 for the first $10bn in fund assets Franklin Templeton has indicated it’s confident in the […]
The post Franklin Templeton Endorses Solana Following Launch of its Ethereum ETF appeared first on CoinJournal.
Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana.
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system.
Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A funding round at a $300 million valuation, according to a July 23 statement shared with CryptoSlate. Franklin Templeton, a prominent investment management firm and issuer of spot Bitcoin and Ethereum ETFs, and ABCDE led the Series […]
The post Franklin Templeton invests in Bitlayers $300M-valued Bitcoin infrastructure appeared first on CryptoSlate.
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.
The BlackRock and Fidelity Bitcoin ETFs led the $310 million in inflows, while Grayscale recorded a rare inflow day at $23 million.
Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.
Franklin Templeton has started the spot Ethereum ETF "fee war" by being the first to announce its fees in an amended S-1 application, according to ETF analyst Eric Balchunas.
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