Asset management behemoth Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund (ETF), making it the latest Wall Street giant to enter the spot Bitcoin ETF race.
Binance.US, the American subsidiary of the globally recognized cryptocurrency exchange, has reduced its workforce by approximately a third, translating to a loss of 100 job positions. The move was accompanied by the departure of its CEO Brian Shroder.
The Nasdaq stock exchange has filed with the U.S. Securities and Exchange Commission (SEC) to launch an Ethereum ETF from Brazilian asset manager Hashdex, with the product encompassing both spot ether and futures contracts.
Top stories in the Crypto Roundup today:
- Franklin Templeton Joins the Race for a Spot Bitcoin ETF
- Binance.US Lays Off One-Third of Workforce, Sees CEO Depart
- Nasdaq Files for an Ethereum ETF with Spot and Futures Exposure
- Chart of the Week: SOL Price Faces Challenges in the Wake of FTX Aftermath