Franklin Templeton News

A survey jointly conducted by the Digital Assets Council of Financial Professionals and Franklin Templeton Digital Assets shows a significant shift in financial advisors’ approach to cryptocurrency, with three-fifths actively suggesting it to their clients.

Brokerage firm Bernstein highlighted a positive medium-term outlook for Ethereum, driven by the potential approval of Ethereum-based exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). 

Fidelity has updated its Spot Ethereum exchange traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) on March 18 to include staking.

₹1.06 trillion at the end of Jan 2022 to ₹2.49 trillion at the end of Feb 2024. For mid-cap funds, the AUM has risen from ₹1.58 trillion at the end of Jan 2022 to ₹2.95 trillion at the end of Feb 2024. Thus it has more than doubled for small cap funds and grown 86% for mid cap funds.

WEST PALM BEACH, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of the second quarter despite recent «hotter than expected» inflation data, according to Kristina Hooper, chief global market strategist at Invesco.

WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election.

Franklin Templeton’s recent study explores the close bond between meme coins and their respective blockchains, including Solana and Ethereum.

Mudrex, a Y-Combinator-backed global crypto investment platform, on Monday announced the launch of US Bitcoin Spot ETFs for Indian investors. Those interested can start investing in Bitcoin spot ETFs on Mudrex’s platform with a minimum amount of $5,000 and a maximum of $250,000. Mudrex empowers investors to choose individual spot ETFs, create a personalised basket, or opt for pre-listed options depending on market capitalisation.

Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot Bitcoin (BTC) exchange-traded funds (ETFs) to institutional and retail investors in India, said CEO and co-founder Edul Patel in a recent interview.

The U.S. Securities and Exchange Commission (SEC) has delayed a decision to approve the BlackRock spot Ethereum exchange-traded fund (ETF).

Employers are facing high turnover rates lingering from the pandemic’s Great Resignation, and they’re struggling to give workers what they want: higher compensation and more benefits like 401(k) contributions.

Carson Group, the registered investment advisor (RIA) platform managing $30 billion in assets, has selected just four spot Bitcoin exchange-traded funds (ETFs) for its users.

Gatekeepers to the assets overseen by financial advisers — the holy grail in eyes of fund issuers — are being especially choosy when it comes to the pack of freshly launched US-listed spot bitcoin ETFs. 

investors and family offices are pouring money into mutual funds' arbitrage schemes as better tax efficiency, higher returns than short-term debt funds, and no credit risk are boosting their popularity. Investors are increasingly using this category to park idle money typically for their short-term needs which have historically gone into liquid and money market funds — debt schemes that bet on high-quality short-term bonds. Data from Franklin Templeton show arbitrage schemes, whose assets under management have reached an all-time high of ₹1.64 lakh crore, saw the highest inflows across fund categories in the last 12 months to the tune of ₹67,500 crore. Arbitrage funds aim to benefit from the price anomalies between a stock and its futures contracts by simultaneously buying and selling both of them. The strategy is considered low-risk because it does not bet on the direction of the market.

S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network’s concentration issue by centralizing staked tokens among a few providers.

One 97 Communications shares plunge 55 percent (From Jan 31 till date) on NSE and BSE. Moreover, following the announcement, major players like Jefferies and Macquarie also downgraded the stock rating. In a recent note, brokerage house Fisdom Research highlighted that before the recent decline since January 31, the MF industry’s shareholding in Paytm increased by 41 percent in January 2024 from December 2023.

The Ethereum price has dipped by 0.5% in the past 24 hours, sliding to $2,895 as the wider crypto market suffers a similar pullback today.

Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF.

Securities and Exchange Commission (SEC) Chair Gary Gensler has remained tight-lipped regarding spot Ethereum (ETH) exchange-traded funds (ETFs).

Morningstar is offering more choice for independent advisors in the US investing space with the addition of new third-party investment options to its wealth management platform.

Ethereum surged 7.7% in the last 24 hours to hit $2,673 on news that Franklin Templeton has filed for a spot Ethereum ETF. The price appreciation happens in the midst of a market-wide rally that adds 4.1% to the price of Bitcoin, which topped $50,000 last night.