The U.S. SEC postpones decision on Franklin Cryptocurrency Index ETF EZPZ
According to a document released on Wednesday, the U.S. SEC has postponed its decision on the Franklin Cryptocurrency Index ETF EZPZ. Franklin Templeton submitted a registration statement for the Franklin Cryptocurrency Index ETF to the agency in August, which will hold both Ethereum and Bitcoin simultaneously. If approved, the proposed Franklin Cryptocurrency Index ETF will be listed on Cboe BZX Exchange and use Coinbase Custody Trust Company LLC as its digital asset custodian.
The SEC stated in the document: "The Commission believes that a longer period should be designated for action on the proposed rule change so that there is sufficient time to consider the proposed rule change and issues raised therein."
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