Bollcoin, October 27 — According to Bitcoin News, ETF analyst Nate Geraci said Franklin Templeton's two dividend reinvestment bitcoin ETFs, FBEQ and FIBT, are about to launch, with an effective date of October 27 listed in SEC filings. These funds automatically reinvest US equity dividends into bitcoin exposure rather than distributing income to investors. Both funds target roughly 95% US equity exposure and 5% bitcoin exposure. FBEQ tracks a large-cap US equity index covering about 500 companies, with an annual management fee of 0.09%; FIBT tracks an innovation-themed index composed of 100 US companies, with an annual management fee of 0.19%. The strategy systematically converts equity dividends into additional bitcoin exposure while keeping bitcoin as a secondary allocation. October 27 is the registration effective date, not necessarily the first trading day.