Exchange Listing
Franklin Templeton’s Bitcoin ETFs Listed on Nasdaq
Franklin Templeton has launched two new exchange-traded funds (ETFs) on Nasdaq, the FBEQ and FIBT funds. These ETFs blend US equities with indirect Bitcoin exposure, capped at 5% of each portfolio. The funds are designed to provide investors with a taste of Bitcoin without exposing them to significant risk. The FBEQ ETF tracks the VettaFi U.S. Large-Cap 500 Bitcoin DRIP Index and charges a 0.09% expense ratio, while the FIBT ETF follows the VettaFi U.S. Innovation 100 Bitcoin DRIP Index with a 0.19% fee. The Bitcoin exposure is through affiliated exchange-traded products, futures, and options, not held on-chain directly.