Franklin Templeton plans 2 ETFs that turn stock dividends into Bitcoin

Franklin Templeton has moved closer to launching two exchange-traded funds that would invest in U.S. stocks and reinvest dividends into Bitcoin exposure, with new regulatory filings detailing their fees, portfolio allocations and trading plans. Franklin Templeton registered two dividend-to-Bitcoin ETFs for Nasdaq trading. The equity ETF lists a 0.09% fee, while the innovation fund lists 0.19%. Both strategies begin with 5% Bitcoin exposure and reinvest stock dividends. Bitcoin allocations face quarterly rebalancing and a separate 20% limit.