Franklin Templeton Unveils Dividend-Driven Bitcoin ETFs

Franklin Templeton is launching two new exchange-traded funds (ETFs) that use dividends to increase exposure to Bitcoin. The ETFs, scheduled for a September 1 effective date, will invest at least 80% in indexes focused on large-cap US stocks or innovative companies.

The remaining 5-20% of the fund's assets will be allocated to Bitcoin through exchange-traded products, futures, and options. Quarterly rebalancing will target about 4.5% exposure to Bitcoin.

This structure is expected to expand the demand channels for Bitcoin, improving traditional finance investors' access to the cryptocurrency. Unfolded reported that the two ETFs are new funds with no operating history.