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Franklin Templeton’s Ethereum ETF listed on DTCC, no guarantee of SEC approval

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Ethereum (ETH) holders have long awaited the approval of the Spot Ethereum ETF by the US Securities and Exchange Commission (SEC).

Franklin Templeton has launched its Ethereum ETF coded as EZET, as seen on the DTCC website. Franklin Templeton’s Spot Ethereum ETF listing on DTCC does not guarantee S-1 filing approval by the US SEC. ETH price is $3,125 at the time of writing, down nearly 3% from Monday’s close. Ethereum holders have long awaited the approval of the Spot Ethereum ETF by the US Securities and Exchange Commission .

Franklin Templeton submitted its Spot ETH ETF application on February 12. Ethereum ETF appears on DTCC website While not directly related to the S-1 filing, listing on the DTCC is a crucial step that allows for supply adjustment of ETF shares to help keep up with their demand in the market. It helps keep an ETF’s market price closer to its net asset value .

 

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