Bitcoin ETFs From $1.8 Trillion Giant Franklin Templeton Get Nasdaq Nod

Franklin Templeton, a $1.8 trillion asset management company, has received approval from Nasdaq to list two new Bitcoin-focused exchange-traded funds. The proposed products are designed to systematically convert dividends from U.S. stocks into Bitcoin exposure. Nasdaq’s approval covers the listing of the two funds, with Franklin Templeton acting as the asset manager offering the planned strategy. The approval allows the firm to proceed with listing the two new products on Nasdaq.