The funds aim to combine US equity index exposure with a strategy of reinvesting dividend proceeds into Bitcoin.
Franklin Templeton is moving closer to introducing two exchange-traded funds (ETFs) that would reinvest stock dividends into Bitcoin after registering the products for trading on Nasdaq, according to information contained in SEC filings by the company. Both ETFs are intended to give investors exposure to US equities The asset manager, which manages US$1.8 trillion, has filed a Form 8-A with the US Securities and Exchange Commission (SEC), registering shares of the Franklin US Equi