BUSINESSJun 19 · 13:50 UTCBITCOIN MAGAZINEMicah Zimmerman

Franklin Templeton Files for Two ETFs That Reinvest Stock Dividends Into Bitcoin

Franklin Templeton has filed with the SEC to launch two ETFs that reinvest corporate dividends into bitcoin, allocating 95% to U.S. large-cap equities and 5% to bitcoin. The funds, named Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, aim to automate bitcoin accumulation through dividend-linked instruments.

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Mentioned

Franklin TempletonorganizationFranklin US Equity Bitcoin DRIP Index ETForganizationFranklin US Innovation Bitcoin DRIP Index ETForganizationSecurities and Exchange CommissionorganizationBitcointopicVettaFi US Large-Cap 500 Bitcoin DRIP IndextopicPaywardorganizationKrakenorganization

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