The asset manager's two proposed "Bitcoin DRIP" funds would hold U.S. stocks and reinvest dividends into Bitcoin, a novel ETF structure.
Franklin Templeton has filed for two new Exchange Traded Funds (ETFs) with a novel structure. These "Bitcoin DRIP" funds propose to hold U.S. stocks. Crucially, any dividends generated from these stocks would be automatically reinvested into Bitcoin, creating a unique hybrid…
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