Franklin Templeton puts stock dividends on bitcoin duty

Franklin Templeton's new ETFs, two of them, could make millions of investors own Bitcoin without realizing it.

Okay. I guess because I think most people who buy this are going to do it because of the Bitcoin exposure, so I'm not sure that that's an entirely accurate headline, but the story is what Franklin Templeton is going to attempt here and I think it's going to be wildly popular popular.

So they filed for for updated prospectuses for two Bitcoin drip ETFs. That's dividend reinvestment plans, drip, right?

You know what that is, right? You have an ETF, you have a bunch of uh, assets in it and every time one of those pays a dividend, instead of it paying you the dividend, it reinvests in the assets, right?

So on October 22nd, which was towards the end of last week, they filed for two of those. The

But what's interesting here is that it's a blend. 95% equities, 5% Bitcoin.

So, people won't really notice that it's in there. It gives you that uh 5% allocation we talk about where it can make a meaningful difference to the upside, but doesn't really hurt you to the downside.

But the real story isn't that it's 5%. The real story is that when the dividends come for all of those equities, they will be slowly reinvested only into Bitcoin.

So the Bitcoin will slowly grow with time as the dividends are reinvested. Like I said at the beginning.

A guy like Grant Cardone takes Bitcoin and blends it into a real estate portfolio. We're going to see that everywhere, right?

I my friends at People's Reserve are doing Bitcoin bonds. It's you know, 80% Treasury, 20% Bitcoin. It caps the downside entirely. There's no downside risk over time. and if Bitcoin goes up with Kager is 20, 35%, you double, triple, quintuple

the amount on the bond. You capture the upside of Bitcoin without any of the downside. These are the kind of things that we're going to see that are going to make Bitcoin exposure far more palatable for your average person.