BlackRock and Franklin Templeton Show Growing Institutional Support for Crypto Assets Despite Legal Headwinds
• BlackRock CEO Larry Fink expressed support for an Ethereum ETF, stating he sees value in tokenization and it can address issues like money laundering • Franklin Templeton reduced the fee for its Bitcoin ETF to 0.19%, making it the cheapest among new investment products • CoinShares acquired Valkyrie Funds following approval and debut of Valkyrie's spot Bitcoin ETF • Terra co-founder Do Kwon requested trial delay for personal appearance regarding SEC charges • Newly launched spot Bitcoin ETFs saw over $4.5 billion in volume on successful first day