Franklin Templeton launches two ETFs blending U.S. stocks an
On October 29, Franklin Templeton announced the launch of the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT). Both will list on Nasdaq, with an initial allocation of 95% U.S. equity index exposure and 5% Bitcoin exposure, and will systematically reinvest stock dividends in Bitcoin. The relevant index reviews the Bitcoin allocation ratio quarterly.
Event timeline
- [10-29 14:21] Franklin Templeton launches two U.S. equity and Bitcoin hybrid ETFs, with an initial 5% Bitcoin exposure (Odaily Planet Daily)
- [10-29 14:30] Franklin Templeton launches two Bitcoin DRIP ETFs, targeting a 5% Bitcoin allocation (Wu Blockchain)
- [10-29 14:31] Franklin Templeton launches two dividend-reinvestment Bitcoin ETFs (PANews)
Background and impact
On October 29, 2026, Franklin Templeton issued an announcement launching two ETFs that cover both U.S. equities and Bitcoin—the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT)—both of which will list on Nasdaq. On the same day, Wu Blockchain, citing Nate Geraci, president of ETF Store, reported on the two products, noting that they provide U.S. equity exposure and systematically reinvest stock dividends in Bitcoin, with a target Bitcoin allocation of 5%; PANews also reported on the same day with the same framing, saying that both ETFs have an initial allocation of 95% equities and 5% Bitcoin.
In terms of product structure, both funds use a rules-based dividend reinvestment strategy, with an initial asset allocation of 95% U.S. equity index exposure and 5% Bitcoin exposure. Dividends generated by the underlying stocks are systematically reinvested in Bitcoin. The relevant index reviews the Bitcoin allocation ratio quarterly to maintain its positioning as a secondary asset allocation. The differences lie in the underlying and the fees: FBEQ tracks about 500 large U.S. listed companies, with an annual fee of 0.09%; FIBT tracks 100 large non-financial U.S. companies listed on Nasdaq, with an annual fee of 0.19%.
The three sources are consistent on the initial allocation ratio, the dividend reinvestment mechanism, and the fees, with differences mainly in the level of detail and wording. Source 1 is the content of Franklin Templeton’s announcement, which is the most complete and specifies the index