Key highlights:
- Franklin Templeton submitted a new filing for two BTC-related funds.
- The ETFs could begin trading as early as September 2026.
- The proposed funds will start with 95% U.S. equities and 5% Bitcoin exposure.
Major asset manager Franklin Templeton has
Franklin Templeton has also been away from just ETFs. Earlier this year, the firm partnered with Kraken parent company Payward to explore tokenized investment products. It also integrates its BENJI tokenized money market fund with MoonPay’s trading platform. This would allow institutional investors to move between stablecoins and tokenized assets more easily.
More recently, Franklin Templeton announced plans to work with Ondo Finance. This is in a bid to offer tokenized versions of its ETFs that can be traded directly from crypto wallets daily. The company also shared in April that it aims to launch its crypto division, Franklin Crypto. This came after its acquisition of crypto investment firm 250 Digital.
Meanwhile, the new filing comes as competition in the crypto ETF market grows. Earlier in the week, BlackRock launched its Bitcoin income ETF, also expanding its offerings. That fund has already seen major interest from investors within days of its launch.
Since spot BTC ETFs launched in the US, investors have poured more than $53 billion into the products. It is now clear that asset managers are seeking more creative ways to stand out from the usual Bitcoin funds.
Source:: Franklin Templeton Plans to Launch ETF That Turns Stock Dividends Into Bitcoin