Franklin Templeton Launches Bitcoin DRIP ETFs

• Franklin Templeton launched two Nasdaq-listed ETFs that convert dividends into bitcoin.
• The ETFs are named Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and another unnamed ETF.
• Dividends from large U.S. companies are routed into a bitcoin sleeve within the ETFs.
• The bitcoin sleeve grows with each dividend payment.
• The ETFs aim to provide a new way to invest in bitcoin through traditional dividends.