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RE: XRP is clearly not a security, unlike the very definition of a security
Franklin Templeton's Bitcoin ETF application follows a series of notable developments in the cryptocurrency ETF space. In late August, the SEC opted to delay its decisions regarding spot ETF applications from several other companies, including WisdomTree, Valkyrie, Fidelity, VanEck, Bitwise and Invesco. In their application, Franklin Templeton outlines the structure of the proposed fund: