ETFs Route Dividends into Bitcoin as Mining Economics Worsen

Franklin Templeton has filed two new exchange-traded funds (ETFs) that route dividends into Bitcoin, allowing investors to potentially benefit from cryptocurrency price movements.

The move is part of a growing trend of traditional financial institutions exploring ways to link their products with cryptocurrencies.

JPMorgan has raised concerns about the economics of Bitcoin mining, suggesting it may become increasingly unprofitable due to rising energy costs and declining coin rewards.

CryptoQuant reports that microtransactions now account for 80% of daily Bitcoin activity, highlighting a shift towards smaller-scale transactions on the network.