Franklin Templeton Files for ETFs That Reinvest Stock Dividends in Bitcoin

Franklin Templeton has registered two proposed exchange-traded funds with Nasdaq that would invest in US equities and direct dividend income into Bitcoin. The strategy could give traditional stock investors a way to build Bitcoin exposure through dividends rather than having to sell shares or make separate cryptocurrency purchases. Franklin Templeton’s Proposed ETFs Target 5% Bitcoin Allocation Nate Geraci, president of NovaDius Wealth Management, drew attention to the filings in an X post on October 26, describing the products as ETFs that hold US stock and reinvest dividends into Bitcoin. “Basically like investing in S&P 500 & Nasdaq 100 w/ dividends going to BTC,” Geraci wrote, adding that the funds were “targeting 5% BTC allocation.” He called the structure smart product design and suggested it could give everyday investors an easier…

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