Ndax Weekly TL;DR June 22

Franklin Templeton links equity dividends with Bitcoin allocation

• Franklin Templeton filed last week for two exchange-traded funds that would hold 95% of assets in U.S. equities and 5% in Bitcoin exposure. The proposed Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF would use dividends from the equity portion to buy exposure to Bitcoin via Bitcoin ETFs, futures, or other instruments. (CoinDesk)
• Why it matters: Instead of asking investors to choose between equities and crypto, Franklin Templeton’s new products would connect corporate dividend income to a small Bitcoin allocation. This would create a more blended approach between traditional portfolios and digital assets that may appeal specifically to non crypto investors who want small exposure to digital assets.

Tokenized fixed income gets ratings data on Solana

• Moody’s Ratings expanded its Token Integration Engine to Solana through a partnership with Alphaledger. The integration will allow issuers of tokenized bonds and other fixed-income securities to embed Moody’s credit ratings directly into blockchain-based assets. (Moody’s Corporation)
• Why it matters: Investors need trusted credit information, especially when securities move onchain. Moody’s move to bring ratings data into tokenized fixed-income instruments helps connect blockchain-based assets with the familiar information that institutions already rely on in traditional markets.

Algorand expands its quantum resilience roadmap

• Algorand said last week that it is targeting broad quantum resilience by the end of 2027. This includes native post-quantum accounts, related SDK and developer tooling support, post-quantum multisig for institutions and treasuries, and research into quantum-resistant consensus components. (Algorand)
• Why it matters: Algorand’s roadmap gives the network a clear technical security story in the early stages of blockchain projects preparing for longer-term cryptographic risks. The roadmap builds on Algorand’s prior work with Falcon signatures, including state proofs designed to protect the chain’s history and quantum-resistant transactions on mainnet.

Canadian spotlight: HIVE expands its Canada-first AI compute strategy

• HIVE Digital Technologies said last week that its BUZZ High Performance Computing subsidiary closed a US$220 million sovereign AI GPU contract. The company said the project will use 2,304 NVIDIA Grace Blackwell GPUs and support Canadian AI workloads through domestic infrastructure. (TMX Newsfile)

• BTC Weekly Range: $88K-$93K
• ETH Weekly Range: $2.3K-$2.5K

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• June 22: Canada Inflation Rate
• June 25: U.S. Initial Jobless Claims
• June 25: U.S. Core PCE Index

Crypto markets remained under pressure last week as Bitcoin struggled to hold momentum and Ethereum continued to trade well below levels seen earlier in the year. The market tone remained fragile, with investors focused on whether major assets can stabilize after recent selling pressure.

The Federal Reserve last week left key interest rates unchanged, while investors are still watching inflation and bond yields. It remains to be seen if the monetary policy will shift toward easier conditions later this year. For crypto, that leaves the market vulnerable to any data that changes expectations around rates.

Meanwhile, the S&P/TSX Composite Index hit a new intraday high of 35,628.89 on June 17, showing that Canadian equities are finding buyers as crypto remains under pressure. The contrast between the two markets remains easy to justify: traditional markets are being lifted by strong sector-level momentum, while crypto sentiment is dictated more by macro uncertainty, rate expectations, and weaker risk appetite.

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