Franklin Templeton bitcoin dividend ETFs set to become effective Oct. 27
Franklin Templeton filed to register two index ETFs on Nasdaq that channel stock dividends into bitcoin exposure, with a prospectus naming Oct. 27 as the effective date. The U.S. Equity Bitcoin DRIP fund (FBEQ, 0.09% fee) and a U.S. Innovation version start at about 95% stocks and 5% bitcoin, gained through exchange-traded products or derivatives, not coins held directly, and trim the bitcoin share at quarterly rebalances. Franklin has not yet announced a first trading date. Source: Yahoo Finance