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Franklin Templeton clears final hurdle for ETFs that turn dividends into bitcoin

Franklin Templeton clears final hurdle for ETFs that turn dividends into bitcoin
AI summary

Franklin Templeton, a $1.7 trillion asset manager, has cleared the final regulatory hurdle to launch two Nasdaq-listed ETFs that hold a 95/5 split between U.S. stocks and bitcoin. Every dividend paid by the funds is used to buy more bitcoin, creating a steady accumulation mechanism. A major traditional asset manager bringing dividend-driven bitcoin exposure to market could draw new institutional and retail capital into BTC.

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1 linked story · 2 outlets · since 23 Oct
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    Franklin Templeton clears final hurdle for ETFs that turn dividends into bitcoin
    Bitcoin Magazine · Score 75
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