Franklin Templeton Registers Two Bitcoin DRIP ETFs on Nasdaq Targeting October Launch

Franklin Templeton has completed regulatory filings, including Form 8-A, to register two exchange-traded funds on Nasdaq that automatically reinvest equity dividends into Bitcoin, with an effective date scheduled for October 27, 2026. The funds—the Franklin US Equity Bitcoin DRIP Index ETF (FBEQ) and Franklin US Innovation Bitcoin DRIP Index ETF (FIBT)—initially allocate 95% to equities and 5% to Bitcoin. Management fees are set at 0.09% for FBEQ and 0.19% for FIBT. Both funds enforce quarterly rebalancing to trim Bitcoin exposure back to 4.5% if it exceeds 5%, alongside a 20% maximum cap.