Franklin Templeton clears final hurdle for ETFs that turn dividends into bitcoin
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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1H AGOU.Today · Score 70 · via Franklin, Templeton
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2H AGOYou’re reading thisFranklin Templeton clears final hurdle for ETFs that turn dividends into bitcoinBitcoin Magazine · Score 75