USA company will open 2 different stockBTCetf funds would you buy some of them?

[philipma1957]

https://www.ainvest.com/news/franklin-bitcoin-drip-etfs-automatic-sound-2610/


So the two funds are USA company Templeton based.

They are FIBT
They are FBEQ

They aim to stay at 95% stock and 5% Btc/after

So if btc is whaling the fund will shift the btc section into the stock section.

Here is what I mean you have 1000 bucks worth of the fund.

Btc would be 50 and stocks would be 950

A big rally hits btc moves to 120k your fund would be 75 btc and 950 stock so some of the btc shifts to the stock.

This investment is strictly for hedging.

If you have a lot of btc and want a hedge this could  work.

When it opens I will get some from robinhood.com

As I do not need all btc.

To be transparent I am 69 and will be 70 in January.

I DO NOT WANT ALL MY MONEY IN BTC. I do not have the luxury of saying hold it since 70 is not very young.

I COULD see people over 60 with good coin wanting this as a second choice just in case. I PICKE YES.

[arallmuus]

So the two funds are USA company Templeton based.

They are FIBT
They are FBEQ

They aim to stay at 95% stock and 5% Btc/after

I've read this and yeah instead of just usual stocks + bonds combination, this one goes with stocks + bitcoin but personally I think this is designed for a 'lazy' investor because fund will instantly trim your bitcoin holding every quarter if it makes profit.

Again I personally dont think I would need someone to keep trimming my bitcoin every time it makes profit out of that 5% portfolio for 0.09% fee as I can do it myself but yeah if someone is too busy or too lazy to do all that then this could be an option especially when that person is new on crypto scene however this is also with bitcoin ETF exist