Franklin Templeton files for ETFs that automatically funnel stock dividends into Bitcoin

Franklin Templeton has submitted filings to the SEC for two Nasdaq-listed ETFs, FBEQ and FIBT. The funds will start with mostly U.S. equities and a small Bitcoin allocation, but every dividend payment will be automatically converted into BTC instead of being distributed in cash.

Dividends will be used to buy Bitcoin the day after the ex-dividend date, steadily increasing the crypto weight over time. Exposure will come through spot Bitcoin products, futures, and other instruments, with built-in caps to prevent unlimited growth of the Bitcoin portion.

The filings were made on October 22, 2026, with prospectuses effective October 27. The $1.8 trillion asset manager set fees at 0.09 % for FBEQ and 0.19 % for FIBT, with no additional 12b-1 charges.

Based on information from cryptonews.net