Franklin Templeton has received Nasdaq approval to launch two Bitcoin-focused ETFs on the U.S. stock exchange. Named Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF (FIBT), they will track indexes created by VettaFi. The products will invest 95% of their capital in U.S. equities and 5% in Bitcoin-related assets, using stock dividends to increase their Bitcoin exposure. Franklin Templeton already offers the Franklin Bitcoin ETF (EZBC), which has attracted approximately $335 million in net inflows.
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