The final approval for the “Franklin Ethereum ETF” is contingent upon the SEC’s evaluation of regulatory standards. This ETF would be traded on the Chicago Board Options Exchange if it receives approval. The SEC’s approach to Ethereum ETF applications has been noted as less proactive compared to those for Bitcoin ETFs. Furthermore, it is pointed out that the SEC Chair Gary Gensler’s perspectives on Ether and his hesitation to explicitly label it as a security could impact the ultimate decision.
Franklin Templeton Seeks SEC Approval to List Ethereum ETF
