CORRESP 1 filename1.htm

July 19, 2024

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

100 F Street, NE

Washington, D.C.  20549

	Re:	Request for Acceleration of Effectiveness
		Franklin Ethereum Trust (the “Registrant”)
		Registration Statement on Form S-1
		File No. 333-277008

Ladies and Gentlemen:

Pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Securities Act”), the Registrant hereby requests that the effective date of the Registrant’s Registration Statement on Form S-1 as amended be accelerated so that it will become effective at 4:30 p.m., Eastern time on July 22, 2024, or as soon as practicable thereafter. The Registrant hereby confirms that it is aware of its obligations under the Securities Act and the Securities Exchange Act of 1934, as amended.

Please direct questions or comments relating to this filing to J. Stephen Feinour, Jr. at (215) 564-8521 or, to Miranda L. Sturgis, Esq. at (215) 564-8131.

	Sincerely,
	FRANKLIN ETHEREUM TRUST
	By:	Franklin Holdings, LLC,
		as its Sponsor
	By:	/s/ David Mann
	Name:	David Mann
	Title:	President and Chief Executive Officer

	CC:	Julie Sterner Patel, Franklin Templeton
		Navid J. Tofigh, Franklin Templeton
		J. Stephen Feinour, Jr., Stradley Ronon Stevens & Young, LLP
		Miranda Sturgis, Stradley Ronon Stevens & Young, LLP