SEC seeks public input on Franklin Templeton, Hashdex Bitcoin ETFs

Summary

The United States Securities and Exchange Commission (SEC) is soliciting comments for considerations on the proposed Franklin Templeton and Hashdex Bitcoin Exchange-Traded Fund (ETF) applications. The SEC has asked the public to assess concerns such as the potential for data manipulation and liquidity considerations. The Hashdex application is seeking approval for a futures ETF structure, while Franklin Templeton is proposing an agreement with Coinbase for price discovery and manipulation prevention. The decision period for these applications was extended by the SEC on November 15.