Global asset manager Franklin Templeton has filed with the Securities and Exchange Commission to launch two ETFs that would automatically reinvest stock dividends into Bitcoin, marking another step in the rapidly evolving crypto ETF market.
The proposed Franklin U.S.
Equity Bitcoin DRIP Index ETF and Franklin U.S.
Innovation Bitcoin DRIP Index ETF would combine traditional equity exposure with a systematic Bitcoin accumulation strategy.
Rather than reinvesting dividends back into underlying stocks, the funds would direct those cash flows into Bitcoin-linked investments.
