Traditional Finance Giant Franklin Templeton Files Spot Bitcoin ETF With the SEC

San Mateo-based Franklin Templeton, one of the world's largest global investment managers, has joined the spot Bitcoin exchange-traded fund (ETF) frenzy, filing an application with the US Securities and Exchange Commission (SEC) on Tuesday. Dubbed the "Franklin Bitcoin ETF," the fund consists primarily of Bitcoin (BTC) "held by a custodian on behalf of the fund."...