Franklin Templeton, managing $1.8 trillion in assets, received Nasdaq approval to launch two Bitcoin-focused ETFs that convert dividends from U.S. stocks into Bitcoin exposure. The ETFs, named Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, will allocate 95% to U.S. equities and 5% to Bitcoin-related assets, using stock dividends to buy more Bitcoin rather than reinvesting in stocks. This approach integrates cryptocurrency exposure into traditional equity investments, marking an expansion of Franklin Templeton's presence in the crypto sector beyond its existing Bitcoin ETF product. These ETFs follow indexes created by VettaFi, targeting large-cap and innovation stocks respectively.
Bitcoin trades at Rp1.475.973.811 on Pluang as of Oct 24, 2026 00:22 WIB, showing a 0.91% gain in the last day. The introduction of Franklin Templeton's Bitcoin-focused ETFs adds a new layer of traditional equity exposure combined with cryptocurrency, which may influence investor interest in Bitcoin and related assets. On Pluang, Bitcoin's market cap stands at Rp29.732,24 trillion with a 64% buy order activity, indicating steady demand amid evolving investment products.
Open interest in Bitcoin (BTC) and four other major cryptocurrencies fell notably within 24 hours, with XRP experiencing the sharpest drop of 7.02% to $415.4 million. BTC open interest declined 6.35% to $7.79 billion, while Ether (ETH), Solana (SOL),...
Crypto influencer Ki Young Ju suggests Bitcoin is less vulnerable to a drop in AI stocks because it did not heavily participate in their recent rally. If AI stocks decline, investors who profited from them might move some funds into Bitcoin, potentia...
U.S. spot Bitcoin ETFs experienced a significant outflow of $635.6 million on Thursday, wiping out nearly 60% of the $1.07 billion inflows over the previous three days and turning October net flows negative by about $176 million. Ethereum and Solana ...
The total cryptocurrency market capitalization declined by 6.37% to $2.74 trillion as of October 22, with Bitcoin falling 4.04% to $81,255. Other major tokens like Ether, Solana, Dogecoin, XRP, and BNB also saw notable losses, with Dogecoin and XRP d...
On October 23, 2026, U.S. spot Bitcoin ETFs experienced a significant outflow of $635 million amid a market correction influenced by macroeconomic pressures and U.S. stock market declines. Meanwhile, institutional capital rotated into alternative ass...
