Franklin Templeton moves closer to launching two Bitcoin DRIP ETFs on Nasdaq

Franklin Templeton moves closer to launching two Bitcoin DRIP ETFs on Nasdaq

Franklin Templeton has registered two Bitcoin dividend reinvestment ETFs for Nasdaq trading, bringing the $1.8 trillion asset manager closer to launching funds that automatically convert stock dividends into Bitcoin exposure. According to an October 22 SEC filing, the Franklin US…

Franklin Templeton Trust Files to Register Two Bitcoin Dividend ETFs, Naming Nasdaq

The filings name Nasdaq as the exchange for both funds. A prospectus amendment takes effect Tuesday, Oct. 27, but no first trading date is listed.

Franklin Templeton Bitcoin DRIP ETFs To List On Nasdaq

Franklin Templeton filed to list two Bitcoin DRIP ETFs that convert stock dividends into BTC, pairing a 95% equity sleeve with a capped Bitcoin allocation.

Franklin Templeton to launch two 95% stock, 5% Bitcoin ETFs

Franklin Templeton's ETFs could drive mainstream Bitcoin adoption, blending traditional equities with crypto, impacting investment strategies.

Franklin Templeton Introduces Two ETFs Merging Dividends with Bitcoin Assets

Franklin Templeton, a heavyweight in the global asset management sector with $1.8 trillion under management, has registered two innovative exchange-traded funds (ETFs) that channel dividends from U.S. equities into Bitcoin-related assets.Continue Reading:Franklin Templeton Introduces Two ETFs Merging Dividends with Bitcoin Assets

Franklin Templeton Wins Nasdaq Approval for Two Bitcoin ETFs

TL;DR Franklin Templeton has registered two Bitcoin-focused ETFs for Nasdaq trading under the proposed tickers FBEQ and FIBT, although a launch date remains unannounced. Both funds will allocate 95% of their portfolios to US equities and 5% to Bitcoin-related investments, using stock dividends to increase crypto exposure. The ETFs will charge a 0.09% annual management ...