Crypto Daily Scoop

Franklin Templeton Launches Bitcoin DRIP ETFs Reinvesting Dividends

The two Bitcoin Dividend Reinvestment Plan (DRIP) Exchange Traded Funds from the $1.8 trillion asset manager Franklin Templeton have officially started operating.

coingape.com

This major Wall Street firm is introducing Bitcoin ETFs designed to automatically put stock dividends back into Bitcoin. The activation of these Franklin Templeton Bitcoin DRIP ETFs was confirmed via the most recent SEC filing, specifically the N-1A registration statement for Franklin. The news regarding the Franklin Templeton ETFs That Reinvest Stock Dividends into Bitcoin Go Effective was initially published on CoinGape.

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