Franklin Templeton launches two Bitcoin DRIP ETFs reinvesting stock dividends

This Wall Street entity is introducing Bitcoin ETFs designed to automatically channel stock dividends back into Bitcoin holdings.

The N-1A registration statement filed with the SEC confirms the activation of these Franklin Templeton ETFs. This information was initially published on CoinGape.

The introduction of these DRIP ETFs by a major institutional player like Franklin Templeton signals a growing trend toward integrating passive income streams, such as stock dividends, directly into Bitcoin investment vehicles.

Earlier coverage

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• Nasdaq surges 1.2% as Bitcoin edges higher Oct 27