Franklin Templeton Lists FBEQ and FIBT ETFs With 5% Bitcoin Exposure on Nasdaq

Franklin Templeton launched two Nasdaq-listed ETFs on Oct 29 that combine U.S. equities with Bitcoin. FBEQ and FIBT start at 95% equities and 5% Bitcoin, with stock dividends reinvested into Bitcoin. The Bitcoin allocation is reviewed quarterly. FBEQ tracks about 500 large-cap U.S. companies at a 0.09% expense ratio, while FIBT tracks 100 large-cap nonfinancial Nasdaq companies at 0.19%.