Franklin Templeton to Offer Digital Asset Strategies

Franklin Templeton to Offer Digital Asset Strategies

The platform will be available to U.S. investors by the middle of October. It was created in partnership with Eaglebrook Advisors, which focuses on cryptocurrencies.
Franklin Templeton to Offer Digital Asset Strategies
Franklin Templeton to Offer Digital Asset Strategies

Franklin Templeton manages more than $1.3 trillion in assets. In the fourth quarter, Eaglebrook Advisors will start to offer two digital assets separately managed account (SMA) strategies.

The Franklin Templeton Digital Assets Core strategy invests in 10-15 of the largest digital assets based on their market value. As of June 30, the weight of the portfolio is 69.25% bitcoin (BTC) and 26.15% ether (ETH). The next token is Solana’s SOL, which has a weight of 1.65%. Every other token has a weight of less than 1%.

The Franklin Templeton Digital Assets Core Capped has similar holdings, but the amount of bitcoin and ether in the portfolio is limited to 25% each. As of June 30, Solana’s SOL made up 9.83% of the portfolio and Polygon’s MATIC made up 5.74%.

Eaglebrook Advisors said in its own announcement of the partnership, “These SMAs offer direct ownership, minimal tracking error, low minimums, and portfolio reporting integration.”

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