CoinMeta Data: Franklin Templeton announces the upcoming launch of its two new Bitcoin funds DRIP ETF ( FBEQ , FIBT ), with the registration effective date for SEC being October 27th. The target allocation for these two funds is approximately 95% in U.S. stocks and 5% in Bitcoin, with dividends from the constituent stocks automatically reinvested into Bitcoin exposure. FBEQ tracks the S&P 500 index, with an annual fee rate of 0.09%, while FIBT tracks an index of 100 innovative companies, with an annual fee rate of 0.19%. These two funds are planned to list on NASDAQ, and their Bitcoin exposure will be constructed through spot ETP, futures, and a Cayman subsidiary, with quarterly rebalancing to reduce any overweight Bitcoin weight back to 4.5%.