BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Franklin Templeton Explores New Crypto Fund Beyond Bitcoin and Ether

by Sham
June 6, 2024
in CRYPTO, INVESTING
Reading Time: 2 mins read
A A
1
SHARES
21
VIEWS
Share on XShare in TelegramShare on Reddit
  • Franklin Templeton is weighing launching a new private crypto fund that would invest in a range of cryptocurrencies beyond Bitcoin and Ether.
  • The fund would offer exposure to various cryptocurrencies and potentially provide staking rewards.
  • The Information first reported on Franklin Templeton’s plans for the new crypto fund.

Franklin Templeton, one of the world’s largest investment managers, is considering launching a private crypto fund that would offer exposure to a range of cryptocurrencies beyond just Bitcoin and Ether, according to a report by The Information on June 6, 2024. The potential new fund highlights growing interest in the crypto space among traditional financial institutions.

NEW: $1.5 trillion AUM @FTI_US is considering launching a new crypto fund beyond #Bitcoin and Ether

— BlockNews.com (@blocknewsdotcom) June 6, 2024

Details on the Potential New Crypto Fund

The private fund being weighed by Franklin Templeton would invest in a variety of digital assets beyond the two largest cryptocurrencies, Bitcoin and Ether. The fund would potentially provide staking rewards as well, according to The Information’s sources.

Franklin Templeton President and CEO Jenny Johnson spoke at the Consensus conference in 2024, indicating the asset manager’s interest in expanding into crypto. The firm has over $1.4 trillion in assets under management currently.

Reaction

The report of Franklin Templeton’s exploration of a new crypto fund comes as many traditional financial institutions are looking at ways to get involved in the burgeoning digital asset space. Major players like BlackRock and Goldman Sachs have also taken steps towards crypto services and investments.

Regulated crypto investment products would provide broader investor access to cryptocurrencies. However, challenges like regulatory uncertainty persist.

Conclusion

While details are still limited, Franklin Templeton’s potential new crypto fund would be a notable move by a mainstream investment firm to expand offerings into digital assets. More developments will likely emerge as cryptocurrencies continue seeing greater adoption.

Tags: BitcoinethereumFranklin TempletonJenny Johnson
TweetShareShare
Previous Post

Bitcoin ETFs See Strong Inflows Amid Low Retail Interest

Next Post

Celebrity-Endorsed Tokens See Major Declines, Except Iggy Azalea’s Mother

DON'T MISS THESE! HOT OFF THE PRESS

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Connecticut Bans Bitcoin and Crypto for Government Funds
BITCOIN

Connecticut Bans Bitcoin and Crypto for Government Funds

July 1, 2025
Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme
CRYPTO

Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme

July 1, 2025
FARTCOIN Surges 148%—Is the Meme Just the Beginning?
CRYPTO

FARTCOIN Surges 148%—Is the Meme Just the Beginning?

July 1, 2025
PEPE Pops 17%—But Is This Meme Rocket Just Getting Started?
CRYPTO

PEPE Pops 17%—But Is This Meme Rocket Just Getting Started?

July 1, 2025
Load More

Related News

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody

Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.