Franklin Templeton filed for two new ETFs that automatically reinvest stock dividends into Bitcoin exposure, blending traditional equity investing with a built-in Bitcoin accumulation strategy.
Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains because they threaten fee-based revenue, as the firm expands aggressively into tokenization, bitcoin products, and on-chain finance.
Franklin Templeton will acquire 250 Digital to launch a new institutional crypto division, expanding its digital asset offerings for large investors including pensions and sovereign wealth funds.