On the 29th, major asset management firm Franklin Templeton announced in a statement that it will list two ETFs on Nasdaq that combine U.S. stocks and cryptocurrency Bitcoin (BTC), reinvesting stock dividends into Bitcoin according to regulations. Initially, both ETFs will allocate 95% to stock indices and 5% to Bitcoin. The indices will be evaluated quarterly for Bitcoin allocation, adopting rules to maintain a secondary allocation.
This initiative...
