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Franklin Templeton Filing US EQUITY BITCOIN DRIP INDEX ETF Fund in Sept 1st

Franklin Templeton Filing US EQUITY BITCOIN DRIP INDEX ETF Fund in Sept 1st

A lot of funds are coming into the market which are going to invest the stock dividend into crypto. And that is kind of like cycle where the dividend reinvesting into crypto and then profit is cycled. Though there would take time for such funds to be in profit as the market is getting damaged. So here Franklin templeton is attempting this with US Equity Bitcoin Drip INDEX ETF Fund. And they are filing it from the 1st sept. 

You can check the data from the SEC filing here. 


Franklin templeton has launched the crypto based ETF before. And it is one of those funds which have now linked with the dividend earned from stocks which are reinvested into the BTC. Which kind of makes these funds slightly dicey as the market has been down for a while. And we have a lot of places to go around as well. 

That being said you can learn more about this from the source here. 

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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