Bitcoin ETFs in Red for 6 Weeks in a Row Amid Major Filings From Franklin Templeton
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BITRSSBitcoin ETFs in Red for 6 Weeks in a Row Amid Major Filings From Franklin Templeton
Although the landscape is quietly and slowly improving, the spot exchange-traded funds tracking bitcoin’s performance ended the week once again in the red. Ethereum’s negative trend was also extended, as the funds behind the two largest cryptocurrencies haven’t seen a single week in the green in a month and a half. Bitcoin ETFs in Red (Again) Even Monday recorded substantial net outflows, with $64.09 million leaving the BTC ETFs. This was somewh…
Franklin Templeton, one of the largest asset managers in the world with more than $1,700 billion under management, deposited on June 18 two innovative ETFs combining investment in American equities and gradual accumulation of bitcoin. Both funds, named Franklin U.S. Equity Bitcoin DRIP Index ETF and Franklin U.S. Innovation Bitcoin DRIP [...] Read more An ETF that reinvests dividends in BTC appeared first on bitcoin.fr.
Franklin Templeton applies for two ETFs to reinvest dividends from US shares in Bitcoin exposure, thus combining shares with crypto. Source: BTC-ECHO BTC-ECHO
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