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Franklin Templeton Launches Bitcoin DRIP ETFs
Franklin Templeton has officially launched two exchange-traded funds (ETFs) on the Nasdaq: FBEQ and FIBT. These Bitcoin DRIP ETFs route dividends from large U.S. companies into a bitcoin sleeve, growing with each payment. FBEQ tracks the VettaFi U.S. Large-Cap 500 Bitcoin DRIP Index, which holds the 500 largest U.S. companies by market capitalization, weighted by float-adjusted market cap.