Bitcoin ETFs From $1.8 Trillion Giant Franklin Templeton Get Nasdaq Nod

Franklin Templeton, a global investment management powerhouse with $1.8 trillion in AUM, has been approved to launch two new Bitcoin-oriented ETFs to trade on the Nasdaq stock exchange. As per the filing with the U.S. Securities and Exchange Commission (SEC), the company has filed a registration for two investment vehicles that will systematically transform U.S. stock dividends into Bitcoin exposure. The two new products are named Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF (FIBT).