Franklin Templeton Prepares Nasdaq Debut For ETFs That Turn Stock Dividends Into Bitcoin
Bullish strength: 55/100
- Two proposed ETFs would automatically reinvest equity dividends into Bitcoin.
- The funds are moving closer to launch, with registration expected to become effective on October 27.
Bearish strength: 45/100
- U.S. spot Bitcoin ETFs recorded $635.49 million in outflows on the same day.
- BTC fell more than 1% over 24 hours, according to the article.
- Franklin Templeton has not announced a trading date for the new funds.
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