Franklin Templeton has launched EZPZ ETF Tracking Bitcoin and Ether. The EZPZ ETF is the second US Crypto Index ETF. Another Crypto index is HashDex’s Nasdaq Crypto Index US ETF (NCIQ).
Famous global asset manager Franklin Templeton has introduced a new Exchange Transaction Fund (ETF) that provides investors with exposure to both Bitcoin (BTC) and Ethereum ether (ETH).
Announced on February 20, 2025 and trading under Ticker EZPZ, the Frank Link Lipto Index ETF hashdex’s NASDAQ Crypto Index US ETF (NCIQ) will be releasing the second Crypto Index ETF. It will be released in the US. February 14th.
Franklin Bitcoin and Ether Index ETF
The EZPZ Fund is designed to track the digital asset index of US CF institutions, a market capitalization weighted benchmark managed by CF benchmarks.
As of release date, the index allocates about 87% of its weighting to Bitcoin (currently at $98,706), while the ether, valued at $2,755, accounts for about 13%.
Franklin Templeton emphasizes that the ETF provides a streamlined way for investors to gain exposure without having to buy directly into these key digital assets and manage them.
Franklin Templeton is excited to launch $EZPZ, the latest Exchange-Traded product (ETP) that exposes Bitcoin and ether without the hassle of direct purchases.
This innovative service plans to add new digital assets.
– Franklin Templeton Digital Assets (@FTDA_US) February 20, 2025
Going forward, Franklin Templeton plans to expand its holdings of the fund as additional cryptocurrencies are incorporated into the underlying index, subject to regulatory approval. This advanced approach places EZPZ as a potential “one-stop shop” for US investors seeking a diversified crypto portfolio through a single investment vehicle.
The launch of EZPZ is amidst the wave of cryptocurrency ETF development in the US. Hashdex’s NCIQ is trading on Nasdaq and similarly focuses on Bitcoin and ether, with plans to expand its scope over time.
In addition, the broader market has seen a surge in ETF submissions throughout 2024, with asset managers submitting proposals for Altcoins-related funds, such as Solana (SOL), XRP, and Litecoin (LTC).
In October, NYSE ARCA sought approval to list grayscale ETFs in 2018 based on the Grayscale Digital Large Cap Fund, a diverse crypto portfolio that includes Bitcoin, Ether, Solana, XRP, and more.
Additionally, Bitwise recently applied to the SEC for a 10 Crypto Index Fund ETF, further highlighting the growing demand for crypto-invested vehicles.
Analysts at Bloomberg Intelligence have expressed optimism about the regulatory outlook, suggesting “relatively high potential for approval” for these new Crypto ETF proposals. This momentum highlights the pivotal moment for integrating digital assets into traditional finance, offering investors more accessible and regulated options for participation in the crypto market.
Franklin Templeton’s entry into the Crypto ETF space with EZPZ shows both the company’s trust in a mature digital asset ecosystem and the increased appetite among mainstream investors in cryptocurrency exposure. Once the index evolves and regulatory hurdles are cleared, EZPZ paves the way for wider adoption of crypto-centric ETFs, and the inter-extended investment strategies between traditional investment strategies and rapidly expanding blockchain-based assets. You can fill in the gaps.
For now, the fund is committed to further growth on the horizon as a milestone that will make Bitcoin and ether more accessible to US investors.
