Eaglebrook Advisors has teamed up with Franklin Templeton to unveil a new investment strategy focused on Bitcoin and Ethereum. The purpose of this partnership is to improve the digital asset investment landscape for advisors and investors by bringing Separately Managed Account (SMA) strategies into play.
This Franklin Templeton Digital Asset Dynamic BTC/ETH SMA is tailored to cater to the needs of Registered Investment Advisors (RIAs) and wealth managers based in the U.S. This initiative is part of Eaglebrook’s Digital Asset SMA Platform, with Anchorage Digital providing custody services for the invested assets.
The strategy is unique in that it provides a more tax-efficient investment opportunity in digital assets as opposed to the traditional bitcoin exchange-traded products (ETPs) or private funds by integrating tax optimization strategies aimed at reducing capital gain tax liabilities.
The Franklin Templeton Digital Asset Dynamic BTC/ETH SMA is an actively managed investment strategy that seeks to exceed the performance of a market capitalization-weighted portfolio of Bitcoin and Ethereum. The plan capitalizes on Franklin Templeton’s long-standing expertise in investment management and digital asset research to provide an attractive solution for those wishing to incorporate digital assets in their portfolios.
Moreover, the approach allows exposure to the two top digital assets by market cap and includes an automatic tax overlay feature, which makes it even more attractive to sophisticated investors.
Eaglebrook Advisors has had previous entry into the digital asset investment space, introducing two SMA strategies in collaboration with Franklin Templeton in 2022. To this extent, the platform’s collection of digital asset investment solutions has, in addition to the latest offering, the Franklin Templeton Digital Assets Core and Franklin Templeton Digital Assets Core Capped strategies.
These approaches illustrate Eaglebrook’s dedication to delivering various investment solutions that satisfy the changing needs of advisors and their customers. Having over 700 financial advisors network and more than $225 million of assets under management, Eaglebrook is in a good position to revolutionize client engagement strategies in digital assets.
The participation by Franklin Templeton in the digital asset area stretches further than the SMA strategies. The firm has also ventured into the ETF market with the launch of its Bitcoin ETF (EZBC) and is exploring an Ether-focused ETF.
These advances reflect Franklin Templeton’s commitment to studying different parts of the crypto market and offering investors a selection of investment tools to invest in digital assets. The firm’s activities in the digital asset and crypto markets segments are part of a general tendency of traditional financial institutions to acknowledge and adopt digital currencies and blockchain technologies.
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