Franklin Templeton Unveils EZPZ ETF for Bitcoin and Ethereum Exposure

In Brief:

EZPZ ETF offers weighted exposure to Bitcoin (82%) and Ethereum (18%).

With a 0.19% expense ratio, it provides a low-cost way to invest in crypto.

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Franklin Templeton has launched EZPZ ETF, a new crypto investment product listed on the Cboe BZX exchange, offering investors exposure to both Bitcoin and Ethereum. The fund tracks the CF Benchmarks Institutional Digital Asset Index, weighting the assets by market cap—82% BTC and 18% ETH.

Despite Franklin Templeton's Bitcoin ETF (EZBC) managing $708 million—far behind BlackRock’s IBIT with $56.6 billion AUM—the firm continues to expand its crypto offerings. EZPZ aims to provide an easy and cost-effective way to invest in the growing digital asset market.

Franklin Templeton's Ethereum ETF (EZET) also launched last year but has garnered only $34 million in AUM, ranking seventh among U.S. Ethereum funds.

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