- Franklin Templeton has launched EZPZ ETF tracking Bitcoin and Ether.
- The EZPZ ETF is the second US crypto index ETF.
- The other crypto index is Hashdex’s Nasdaq Crypto Index US ETF (NCIQ).
Franklin Templeton, a prominent global asset manager, has introduced a new exchange-traded fund (ETF) that provides investors with exposure to both Bitcoin (BTC) and Ethereum’s Ether (ETH).
Announced on February 20, 2025, the Franklin Crypto Index ETF, trading under the ticker EZPZ, marks the second crypto index ETF to launch in the United States, following closely on the heels of Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which debuted on February 14.
The Franklin Bitcoin and Ether Index ETF
The EZPZ fund is designed to track the US CF Institutional Digital Asset Index, a market capitalization-weighted benchmark managed by CF Benchmarks.
As of its launch date, the index allocates approximately 87% of its weighting to Bitcoin — currently priced at $98,706 — while Ether, valued at $2,755, accounts for about 13%.
Franklin Templeton has emphasized that this ETF offers a streamlined way for investors to gain exposure to these leading digital assets without the complexities of directly purchasing and managing them.
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.
This innovative offering plans to add new digital assets as they become eligible for inclusion in… pic.twitter.com/1snE7mKMht
— Franklin Templeton Digital Assets (@FTDA_US) February 20, 2025
Looking ahead, Franklin Templeton plans to expand the fund’s holdings as additional cryptocurrencies are incorporated into the underlying index, subject to regulatory approval. This forward-thinking approach positions EZPZ as a potential “one-stop-shop” for US investors seeking a diversified crypto portfolio through a single investment vehicle.
The launch of EZPZ comes amid a wave of cryptocurrency ETF developments in the US. Hashdex’s NCIQ, trading on the Nasdaq, similarly focuses on Bitcoin and Ether with plans to broaden its scope over time.
The broader market has also seen a surge in ETF filings throughout 2024, with asset managers submitting proposals for funds tied to…