Franklin Templeton Launches Two ETFs Combining U.S. Equities and Bitcoin
The ETFs combine U.S. equities and bitcoin through systematic dividend reinvestment.
Story updates
02:44:17 PM UTC
SquawkNews
Franklin Templeton, a global investment leader, today announced the launch of two new exchange traded funds (ETFs) that combine U.S. equity exposure with Bitcoin through a rules-based strategy that systematically reinvests dividends into Bitcoin. Both ETFs will be listed on the Nasdaq exchange.The…
02:44:59 PM UTC
SquawkNews
Franklin Templeton launched two Nasdaq-listed ETFs, FBEQ and FIBT, starting at 95% U.S. equities and 5% Bitcoin, with dividends systematically reinvested into Bitcoin. Bitcoin exposure is evaluated quarterly to keep it a secondary allocation.Material DetailsContext by AI AnalystThis is an early-sta…