How safe are liquid ETF's like Liquid Bees after this Franklin incident

@nithin After this Franklin incident wherein they have wound up six schemes and 27000 crores of public wealth is now locked in, can this happen with liquid ETF’s like Liquid Bees? As i write this query, i am really tense and confused. Please reply.

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Answered something similar here. Liquid ETFs predominantly invest in overnight securities, the risk is negligible

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