Crypto Index ETF is rebalanced quarterly
As of the filing date, this was 86.31% BTC and 13.69% ETH. The index will be “rebalanced and reconstituted” quarterly in March, June, September and December.
The current proportion split for the proposed Franklin Crypto Index ETF is 86.31% on Bitcoin. Source:
SEC
It comes just weeks after Bitwise filed for a similar product on Jan. 31, the “Bitwise Bitcoin and Ethereum ETF.”