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Franklin Templeton launched FBEQ and FIBT two Nasdaq-listed ETF, with initial allocations of 95% stocks and 5% Bitcoin, and will reinvest stock dividends into Bitcoin.
Franklin Templeton’s two dividend-reinvesting Bitcoin ETF’s SEC filings list an effective date of October 27, and the funds are expected to launch soon, but the first trading day has not yet been determined.
Franklin Templeton has submitted FBEQ and FIBT to complete Nasdaq listing registration, and the filings show that the products are scheduled to become effective on Form 8-A. Both October 27 plan to focus primarily on U.S. equities and allocate dividend cash to Bitcoin-related exposure.ETF