In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals.
The Franklin Crypto Index ETF seeks to provide exposure to the spot prices of Bitcoin and Ether, following a similar filing by Bitwise just weeks
It’s one more development reflecting a change in approach from the US Securities and Exchange Commission toward crypto.
Donald Trump Jr. believes crypto to be the future of American dominance, he said in a conversation at the Ondo Summit in New York City
Crypto industry executives and asset managers expect the Trump administration to usher in a regulatory climate conducive to innovation.
Bitcoin’s historical price data favors new all-time highs in Q1, but liquidity gaps below $80,000 could pull the price lower in the short term.
