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Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to file amended S-1 forms by Friday. Franklin Templeton’s spot Bitcoin ETF also charges a 0.19% fee and currently manages $350M in assets. Franklin Templeton has filed its amended S-1 form for spot Ethereum ETF following SEC’s directive that all spot Ethereum ETF issuers should send in their amended S-1 forms by Friday. In the amended S-1, Franklin Templeton plans to charge a competitive 0.19% sponsor fee for the ETF, which is could be the lowest among its peers. Franklin Templeton success with crypto ETFs Franklin Templeton was among the eleven firms whose spot Bitcoin ETFs were approved by the SEC at the start of the year. The firm’s foray into the Ethereum ETF space is buoyed by the success of its spot Bitcoin ETF, which currently manages approximately $350 million in assets. This strong performance of the Bitcoin ET...

Grayscale continued efforts to list a spot BTC ETF built on its existing fund, which boasts a $25 billion market cap.  Grayscale Investments filed an updated S-3 Form with the United States Securities and Exchange Commission (SEC) to convert its Grayscale Bitcoin Trust (GBTC) product into a spot Bitcoin ETF.  This is Grayscale’s third amended submission towards its GBTC conversion , according to ETF expert James Seyffart. The firm previously filed a similar form following the departure of chairman Barry Silbert. Senior Bloomberg analyst Eric Balchunas noted that the SEC filing confirmed a pivot to cash-create subscriptions. Grayscale did not, however, disclose the Authorized Participants (APs) for its fund. The fee was also left out of this submission. The SEC will reportedly require issuers to disclose details on both before ETFs can be listed and open for trading. New Grayscale amendment just dropped. Clear language on cash only but still no AP named, just blanks where name s...