The two exchange-traded funds (ETFs) combine US equity exposure with Bitcoin, using dividends from the underlying stocks to build crypto holdings.
The two funds, Franklin US Equity Bitcoin DRIP Index exchange traded fund (ETF) (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF (FIBT), are listed on Nasdaq and use a rules-based approach to allocate dividends from their equity holdings to Bitcoin. Both ETFs will be managed by Dina Ting, Hailey Harris, Joe Diederich and Basit Amin Both ETFs start with a 95% allocation to their respective equity indices and 5% to Bitcoin. Dividends generated by the underlying equities are systematica