Franklin Templeton Files for ETFs That Reinvest Stock Dividends in Bitcoin

The filings name one fund tied to US equities and another focused on innovation stocks, both registered for Nasdaq under the same trust. Franklin Templeton has registered two proposed exchange-traded funds with Nasdaq that would invest in US equities and direct dividend income into Bitcoin. The strategy could give traditional stock investors a way to build Bitcoin exposure through dividends rather than having to sell shares or make separate cryptocurrency purchases. Franklin Templeton’s Proposed ETFs Target 5% Bitcoin Allocation Nate Geraci, president of NovaDius Wealth Management, drew attention to the filings in an X post on October 26, describing the products as ETFs that hold US stock and reinvest dividends into Bitcoin. “Basically like investing in S&P 500 & Nasdaq 100 w/ dividends going to BTC,” Geraci wrote, adding that the funds were “targeting 5% BTC allocation.” He called the structure smart product design and suggested it could give everyday investors an easier route to Bitcoin exposure. The filing names the products the Franklin US Equity Bitcoin DRIP Index ETF and the Franklin US Innovation Bitcoin DRIP Index ETF. Both are listed for registration on Nasdaq unde...