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Franklin Templeton Launches Two New ETFs That Convert Stock Dividends to Bitcoin
Asset manager Franklin Templeton has cleared the final regulatory hurdle, registering two new ETFs on Nasdaq that will allow investors to convert stock dividends into Bitcoin. These funds will initially allocate 95% to U.S. equities and 5% to Bitcoin, purchasing more Bitcoin with each dividend payment. The effective date for both funds is October 27.
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