Stock Dividends Converted to Bitcoin Exposure, Franklin Templeton Registers Two Nasdaq ETFs

Odaily reports: Bitcoin News posted on X platform that Franklin Templeton filed to register two ETFs trading on Nasdaq on October 22, with the prospectus listing an effective date of October 27. The two ETFs will have an initial allocation of 95% U.S. equities and 5% Bitcoin exposure, with dividends distributed from the equities to be allocated toward Bitcoin; during quarterly rebalancing, if Bitcoin's allocation exceeds 5%, it will be reduced to 4.5%.