Franklin Templeton Considers Crypto Fund Beyond Bitcoin, Ether

Franklin Templeton, a renowned asset manager, plans to launch a new crypto fund. This private fund targets institutional investors and will invest in various cryptocurrencies beyond Bitcoin and Ethereum. The fund may also offer staking rewards to investors. Franklin Templeton is not new to the crypto world, having already established a spot Bitcoin ETF and applied for a similar Ether offering. This move reflects the growing interest of traditional financial institutions in offering crypto and tokenized asset investments to their clients.