Franklin Templeton Registers Two Bitcoin DRIP ETFs for Nasdaq Listing
Asset management giant Franklin Templeton has registered two Bitcoin dividend reinvestment ETFs with Nasdaq, marking a significant step toward institutional crypto adoption.
Asset management giant Franklin Templeton has registered two Bitcoin dividend reinvestment ETFs with Nasdaq, marking a significant step toward institutional crypto adoption. Bitcoin (BTC) is trading at ₹77,26,202 ($81,413.00), down 0.1% since this brief published. This is an original Token Times brief synthesising 3 outlets (TronWeekly, Crypto.news, U.Today), with their figures cross-checked, plus live market data, as of Fri, 23 Oct 2026 19:00:01 UTC.
This development represents a novel approach to institutional crypto exposure, allowing investors to gain Bitcoin exposure through stock dividends while maintaining regulatory compliance. It also highlights the growing trend of traditional financial institutions integrating crypto into conventional investment vehicles.
- Franklin Templeton registered two Bitcoin DRIP ETFs with Nasdaq under tickers FBEQ and FIBT.
- Funds will allocate 95% to US equities and up to 20% to Bitcoin-related investments.
- The ETFs will automatically convert stock dividends into Bitcoin exposure.
- Bitcoin price is up 0.64% in the last 24 hours amid neutral market sentiment.
Multiple outlets (TronWeekly, Crypto.news, and U.Today) confirm that Franklin Templeton has registered two Bitcoin dividend reinvestment ETFs with Nasdaq under the proposed tickers FBEQ and FIBT. These funds will initially allocate 95% of their assets to US equities, with the remaining 5% dedicated to Bitcoin-related investments, according to TronWeekly. The outlets agree that the ETFs will systematically convert stock dividends into Bitcoin exposure, but U.Today emphasizes that Nasdaq approval has already been granted, while TronWeekly suggests the registration is still in progress. Estimates of Franklin Templeton's asset management size range from $1.8 trillion (Crypto.news, U.Today) to unspecified.
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- Franklin Templeton Registers Two Bitcoin DRIP ETFs for Nasdaq Listing — this brief
Franklin Templeton, a major asset management firm overseeing $1.8 trillion in assets, has taken a significant step toward crypto adoption by registering two 
Bitcoin dividend reinvestment ETFs with Nasdaq.
The ETFs, proposed under the tickers FBEQ and FIBT, will operate by converting stock dividends into Bitcoin exposure, according to filings with the SEC. This approach allows investors to gain indirect exposure to Bitcoin through their stock investments.
The funds will allocate 95% of their assets to US equities, with the remaining 5% dedicated to Bitcoin-related investments. A 20% cap on cryptocurrency holdings ensures the ETFs maintain a balanced approach to crypto exposure.
This move comes as traditional financial institutions increasingly explore ways to integrate crypto into their product offerings. The ETFs represent a novel approach to institutional crypto exposure, combining the stability of US equities with the growth potential of Bitcoin.
In the current market context, Bitcoin is trading at $81521, up 0.64% in the last 24 hours, while the overall crypto market cap stands at $2.8 trillion. The Fear & Greed Index remains at 50, indicating a neutral market sentiment.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹77,36,451.40$81,521.00 to ₹77,26,202.06$81,413.00 — -0.13%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.14M (about $81,413.00), up 0.2% over 24 hours. The rupee itself trades about 5.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 3 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Franklin Templeton Registers Two Bitcoin DRIP ETFs for Nasda — questions & answers
What is the ticker symbol for Franklin Templeton's Bitcoin ETFs?
The ETFs are registered under the tickers FBEQ and FIBT.
How much of the ETF assets will be allocated to Bitcoin?
The ETFs will allocate up to 5% of their assets to Bitcoin-related investments, with a 20% cap on cryptocurrency holdings.
What is the current market price of Bitcoin?
Bitcoin is currently trading at $81521, up 0.64% in the last 24 hours.
How much is 1 Bitcoin worth in rupee today?
About ₹8.14M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,413.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.13% since this brief first published — trading at ₹77,26,202 ($81,413.00) now versus ₹77,36,451 ($81,521.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly, Crypto.news, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.