ETH price prediction as DTCC lists finance giant’s Ethereum spot ETF
The Depository Trust & Clearing Corporation (DTCC) listed Franklin Templeton’s Ethereum (ETH) spot ETF with a “yes” for create and redeem. Franklin Templeton is a traditional finance giant with $1 trillion in assets under management and a growing interest in cryptocurrencies. As of this writing, the cryptocurrency market still awaits the Securities and Exchange Commission’s (SEC) approval of Ethereum spot ETFs. This is a similar expectation previously seen within the Bitcoin spot ETFs, feeding a bullish sentiment for the cryptocurrency. In a hint of what is potentially to come, the renowned crypto journalist Colin Wu reported DTCC’s recent listing. Notably, the “FRANKLIN ETHEREUM TR ETHEREUM ETF” appeared with a “Y” for “Creation/Redeem,” signaling a positive outcome is imminent. Picks for you Bitcoin volatility incoming: Here's new springboard to watch out for 3 hours ago Vitalik Buterin s...