Franklin Templeton, a global asset manager with $15 trillion under management, receives SEC approval for its spot Bitcoin ETF application. The SEC postpones decisions on ether exchange-traded fund applications from VanEck and ARK, with a final verdict expected by late May 2024. In a significant move, the U.S. Securities and Exchange Commission (SEC) has given its nod to the spot Bitcoin ETF application from Franklin Templeton, a leading global asset manager overseeing $15 trillion. This acknowledgment is a pivotal moment in the crypto industry, especially given Franklin Templeton’s immense influence in the asset management domain.
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