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CryptoWorld News reports that Franklin Templeton submitted registration applications for two new Bitcoin DRIP ETFs to the U.S. Securities and Exchange Commission on June 18, 2026.
These funds will adopt a dividend reinvestment plan, automatically converting stock dividends into Bitcoin investments.
Each fund is initially allocated 95% U.S. stocks and 5% Bitcoin, with dividends used to purchase more Bitcoin, gradually increasing Bitcoin holdings.
This design aims to provide investors who wish to maintain traditional stock investments with a new way to gradually accumulate Bitcoin.
Although not yet approved, Franklin Templeton's innovation could change Wall Street's approach to packaging Bitcoin.