Franklin Templeton Seeks SEC Approval for Bitcoin Dividend-Reinvesting ETFs

The asset manager filed for two ETFs that convert stock dividends into Bitcoin, starting with a 5% crypto allocation capped at 20%. Franklin Templeton has applied with the SEC to launch two ETFs that reinvest dividends from U.S. stocks into Bitcoin. The funds track VettaFi

The asset manager filed for two ETFs that convert stock dividends into Bitcoin, starting with a 5% crypto allocation capped at 20%.

Franklin Templeton has applied with the SEC to launch two ETFs that reinvest dividends from U.S. stocks into Bitcoin. The funds track VettaFi indices with an initial 5% Bitcoin weighting, capped at 20% exposure through rebalancing.

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