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$1.8T Franklin Templeton Gains Approval to List Bitcoin DRIP Strategy ETFs on Nasdaq

Picture: CoinGape

HIGHLIGHTS Franklin Templeton received Nasdaq listing approval for two new Bitcoin DRIP strategy ETFs. The DRIP structure offers passive Bitcoin accumulation directing stock dividends into Bitcoin. Franklin spot Bitcoin ETF (EZBC) has drawn $335 million in total inflows Franklin Templeton, a $1.8 trillion AUM global asset manager, has received approval from Nasdaq to list two new Bitcoin ETFs with a DRIP strategy. This brings the company closer to launching Bitcoin ETFs that systematically convert stock dividends into BTC exposure.

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