Franklin Templeton: The crypto custodian of the Ethereum Spot ETF is Coinbase and the cash custodian is Bank of New York Mellon

Global asset management company Franklin Templeton has announced that it has submitted an application for an Ethereum exchange-traded fund (ETF) to the US Securities and Exchange Commission. According to the disclosure documents, Franklin Templeton has designated Coinbase Custody as its cryptocurrency custodian, while Mellon Bank in New York will serve as its cash custodian, manager, and transfer agent. Bloomberg ETF analyst James Seyffart's data shows that Franklin Templeton is the ninth asset management company to apply for an Ethereum ETF.