{"id":533514,"date":"2024-06-07T07:15:53","date_gmt":"2024-06-07T07:15:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=533514"},"modified":"2024-06-07T15:17:31","modified_gmt":"2024-06-07T15:17:31","slug":"franklin-templeton-considers-new-crypto-fund-investing-in-assets-beyond-bitcoin-and-ethereum","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/franklin-templeton-considers-new-crypto-fund-investing-in-assets-beyond-bitcoin-and-ethereum","title":{"rendered":"Franklin Templeton Considers New Crypto Fund Investing In Assets Beyond Bitcoin And Ethereum"},"content":{"rendered":"

Fund management giant Franklin Templeton is considering launching a new crypto fund that would invest in assets in addition to Bitcoin and Ethereum.<\/p>\n

That’s according to a report<\/a> by The Information, which said the new fund could potentially also include staking rewards for institutional investors.<\/p>\n

Franklin Templeton, which has $1.6 trillion in assets under management, has already dipped its toes into crypto with the launch earlier this year of a spot Bitcoin ETF (exchange-traded fund). It is also among the applicants awaiting the final approvals<\/a> for spot Ether ETFs.<\/p>\n

Is Solana Next On Wall Street?<\/h2>\n

The crypto market has been abuzz with speculation on the next altcoin chosen by Wall Street to be wrapped into an ETF after the US securities regulator approved spot ETH ETFs.<\/p>\n

Solana has been getting the most attention as it is popularly known as the “Ethereum rival.” Earlier this year, Franklin Templeton praised the growth of the Solana network, saying it had attained a powerful use case for decentralized applications.<\/p>\n

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On Solana, we see Anatoly’s vision of a single atomic state machine as a powerful use case of decentralized blockchains, lowering information asymmetry. And we are impressed by all the activity seen on Solana in Q4 2023
-DePIN
-DeFi
-Meme coins
-NFT innovation
-Firedancer<\/p>\n

— Franklin Templeton (@FTI_US) January 17, 2024<\/a><\/p><\/blockquote>\n