Franklin Templeton unveils Bitcoin ETFs with 5% crypto allocation, 0.09%-0.19% annual fees

Franklin Templeton, a leading American asset management firm, is preparing to launch new exchange-traded funds (ETFs) that blend exposure to both the US stock market and Bitcoin . These new products are designed to reinvest dividends from traditional equities into Bitcoin, targeting a 5% allocation to the cryptocurrency alongside established stock holdings. ETF analyst Nate Geraci stated that the Franklin Templeton Bitcoin ETFs will allow investors to participate in the performance of indices like the S&P 500 and Nasdaq 100, while any dividends generated from these stocks will be automatically redirected into Bitcoin.

Also reported by TronWeekly.

Source: CoinTurk News