Franklin Templeton gets Nasdaq approval for two ETFs directing dividends to Bitcoin

Franklin Templeton, the $1.8 trillion asset manager, received Nasdaq approval for two exchange-traded funds, FBEQ and FIBT, that will direct regular and special dividends from US stocks into Bitcoin. The funds would start from 95% US stocks and 5% BTC-linked instruments, with a 20% exposure limit and a 0.09% fee.

Detected & updated continuously · Source: Nebula