Franklin Templeton Eyes Crypto ETP Launch in Europe
- Franklin Templeton is considering launching a cryptocurrency exchange-traded product (ETP) in Europe.
- The firm manages $1.6 trillion in global assets, including a U.S.-based Bitcoin ETF with $415 million in assets.
- They are monitoring regulatory changes to align potential offerings with client demands.
- Bitwise has introduced a Solana-based fund in Europe, highlighting the region’s crypto market potential.
Franklin Templeton’s exploration of a European crypto ETP reflects its strategy to capture emerging digital currency opportunities, as evidenced by their existing Bitcoin ETF managing $415 million.
Source (2.6)https://hodl.press/franklin-templeton-considers-launching-etp-in-europe/?rand=24434