Franklin Templeton launched two dividend-reinvestment Bitcoin ETFs, the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT), both listing on Nasdaq. Each fund maintains a 95% equity and 5% Bitcoin allocation, systematically reinvesting dividends from underlying stocks into Bitcoin.
FBEQ tracks approximately 500 of the largest U.S. companies by market capitalization with a 0.09% expense ratio. FIBT covers 100 large U.S. non-financial companies listed on Nasdaq and carries a 0.19% expense ratio.
Franklin Templeton Debuts Two Bitcoin DRIP ETFs on Nasdaq with 5% BTC Allocation
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