Franklin Templeton ETF Trust Registers Two Bitcoin Dividend ETFs for Nasdaq

Franklin Templeton ETF Trust registered shares of two Bitcoin (BTC) dividend strategy funds with Nasdaq on Thursday, Oct. 22, adding an exchange-registration milestone for products designed to direct stock dividends toward Bitcoin exposure. The funds are the Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF (FIBT). FBEQ tracks the VettaFi US Large-Cap 500 Bitcoin DRIP Index and has an annual fee of 0.09%. FIBT tracks the VettaFi US Innovation 100 Bitcoin DRIP Index and has an annual fee of 0.19%. Each index starts with roughly 95% U.S. equity exposure and 5% Bitcoin exposure. The indexes cover different groups of companies. The listed fees consist of management fees, with no 12b-1 charges; each prospectus estimates other expenses at 0.00% for the current year.

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