Franklin Templeton will launch cryptocurrency investment strategies

Asset manager for more than $ 1.3 trillion Franklin Templeton has agreed to cooperate with Eaglebrook Advisors. In the fourth quarter, customers of the latter will gain access to two strategies focused on digital assets.

The initiative is focused on registered investment consultants (RIA) in the framework of separately managed accounts (SMA).

“Such SMA offer direct ownership, minimal tracking error and little efforts to integrate reporting on the portfolio”, – The message says.

In April 2022, Franklin Templeton carried out strategic investments in EagleBrook Advisors.

The Franklin Templeton Digital Assets Core is based on investing 10-15 of the largest digital assets for balanced market capitalization.

As of June 30, it included:

• bitcoin with a share of 69.25%;
• Ethereum – 26.15%;
• SOLANA – 1.65%;
• Polygon – 0.61%;
• Chainlink – 0.52%;
• Tezos, Decentraland, The https://gagarin.news/events/gecko-con-2022/ Sandbox, Filecoin, Aave, Axie Infinity, The Graph, Fantom – a total of 1.82%.

The Franklin Templeton Digital Assets Core Capped repeats the previous one with a 25% restriction on the weight of each asset.

As of June 30, it included:

• bitcoin with a share of 25%;
• Ethereum – 25%;
• SOLANA – 9.83%;
• Polygon – 5.74%;
• Uniswap – 5.57%;
• Chainlink – 4.91%;
• The Sandbox – 3.32%;
• Tezos – 3.32%;
• Filecoin – 3.19%
• Axie Infinity – 3.13%;
• AAVE – 2.62%;
• Fantom – 2.34%;
• The Graph, 2.33%.

CEO EAGLEBROOK Advisors in an interview with BlockWorks stated that the new Franklin Templeton offers are a turning point for cryptocurrencies. The US Capital Management Market requires professional digital assets from RIA, he added.

Recall that in December 2021, the investment adviser to Ritholtz Wealth Management and the management company Wisdomtree Investments launched RWM Wisdomtree Crypto Index. The structure provided the possibility of investment in leading digital assets, Defi tokens, metavselnaya, oracles and L2-protocols.

Previously, Franklin Templeton announced the launch of ETF with a focus on virtual worlds.

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