Asset management firm Franklin Templeton has filed for approval from the US Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). The move is seen as a significant development in the cryptocurrency market and a step towards mainstream adoption. If approved, the ETF would offer investors a regulated and convenient way to gain exposure to Bitcoin’s price movements. The filing represents growing interest in cryptocurrencies from institutional investors and the demand for regulated crypto investment products. However, SEC approval is not guaranteed, and the proposal will undergo a rigorous evaluation process.
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