Key facts
- Franklin Templeton launched two Bitcoin ETFs.
- The ETFs convert dividends into Bitcoin.
- The ETFs are FBEQ and FIBT.
- The ETFs began trading on the Nasdaq today.
Franklin Templeton has officially launched two new Bitcoin Exchange Traded Funds (ETFs) that are designed to automatically convert dividend payouts into Bitcoin. The FBEQ and FIBT ETFs commenced trading on the Nasdaq today. This move allows investors to gain exposure to Bitcoin through dividend reinvestment within a traditional ETF structure.