Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

$1.8 Trillion Franklin Templeton Files for Two ETFs Linking Stocks and Bitcoin

Picture: DailyCoin

One of the world's largest investment management firms, Franklin Templeton, which holds $1.8 trillion in assets under management, has submitted updated regulatory filings with the U.S. Securities and Exchange Commission (SEC) to launch two novel exchange-traded funds (ETFs) on the Nasdaq. The proposed funds—the Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin US Innovation Bitcoin DRIP Index ETF (FIBT)—are structured to provide traditional U.S. stock exposure while systematically channeling dividend income into Bitcoin.

You are reading an excerpt. DailyCoin wrote and owns the full article.

Continue reading at dailycoin.com

Also reported by

  • CoinCentral

Related stories

More crypto news

All Crypto & Bitcoin