Key Takeaways:
- Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), featuring spot Bitcoin (BTC) and Ethereum (ETH).
- EZPZ is the second U.S. crypto index ETF, following Hashdex’s NCIQ ETF, and currently allocates 87% to BTC and 13% to ETH.
- The fund aims to expand to additional cryptocurrencies over time, pending regulatory approval.
Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), offering exposure to spot Bitcoin (BTC) and Ethereum (ETH).
Announced on Feb. 20, this ETF is the second cryptocurrency index ETF in the U.S., following Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which debuted on Feb. 14.
Franklin Templeton is excited to launch $EZPZ, our latest exchange-traded product (ETP) that provides exposure to bitcoin and ether without the hassle of buying them directly.
— Franklin Templeton Digital Assets (@FTDA_US) February 20, 2025
This innovative offering plans to add new digital assets as they become eligible for inclusion in… pic.twitter.com/1snE7mKMht
EZPZ tracks the US CF Institutional Digital Asset Index, which currently comprises only BTC and ETH.
The market-capitalization-weighted allocation is approximately 87% BTC and 13% ETH, per CF Benchmarks.
Franklin Templeton aims to expand the ETF’s holdings over time, adding new cryptocurrencies as they become part of the index, pending regulatory approval.
The fund is designed for investors seeking crypto exposure without direct ownership, simplifying access to digital assets.
Hashdex’s NCIQ ETF follows a similar structure, holding only BTC and ETH for now, but plans to diversify its asset mix in the future.
Franklin Templeton’s move signals growing institutional acceptance of crypto investment products, providing U.S. investors with a regulated, diversified, and accessible way to invest in digital assets.
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