Franklin Templeton: Files Bitcoin Dividend ETFs

Franklin Templeton filed applications for ETFs that automatically convert stock dividends into Bitcoin purchases, expanding institutional on-ramps for BTC.

Price action on the 4-hour chart shows BTC at $62539.72 trading below the EMA50 resistance at $64341.82 and the EMA200 at $68887.19, with the MACD death cross at -636.85 locking in bearish momentum; a test of the lower Bollinger support at $61713.13 remains the next high-probability level before any recovery attempt. This development could reshape BTC price prediction models and reduce crypto market crash probabilities as dividend flows add steady bid support.