Stock dividends into Bitcoin: Could blended ETFs broaden investor access?
Photo: TokenPost
ETFs that combine equities with Bitcoin and direct stock dividends into the cryptocurrency could broaden investor access by incorporating Bitcoin into familiar investment products. On Yahoo Finance’s The Daily Wolf on October 26, Scott Melker highlighted Franklin Templeton’s proposed blended ETFs as an example of how combining Bitcoin with traditional assets could make exposure more acceptable to ordinary investors. The two proposed funds, with tickers FBEQ and FIBT, would hold 95% equities and 5% Bitcoin. Melker said their distinguishing feature was the treatment of stock dividends: those payments would be reinvested exclusively in Bitcoin, gradually increasing the funds’ Bitcoin holdings.
Source: TokenPost
