Franklin Templeton will offer digital asset strategies, opening in mid-October

According to Chain Catcher news, Franklin Templeton, a giant in asset management with over $1.3 trillion in assets under management, will offer two digital asset separately managed account (SMA) strategies through the Eaglebrook Advisors platform in mid-October. This platform focuses on meeting the evolving needs of financial advisors, wealth management firms, and their clients in this field. Among the two strategies, Franklin Templeton Digital Assets Core is a market-cap weighted strategy that invests in 10 to 15 of the largest digital assets, excluding stablecoins and meme coins; Franklin Templeton Digital Assets Core Capped takes a similar approach but allocates 25% of the portfolio to both Bitcoin and Ethereum. Both strategies are typically rebalanced monthly.

Chain Catcher previously reported that this week, Franklin Templeton also launched a metaverse ETF (UCITS ETF) for European investors, which will track the Solactive Global Metaverse Innovation Net Total Return Index. This index includes companies that have a significant impact on the metaverse, such as payment company Block, crypto investment firm Galaxy Digital, and gaming company Electronic Arts. (source link)