• Franklin Templeton has launched EZPZ ETF monitoring Bitcoin and Ether.
• The EZPZ ETF is the second US crypto index ETF.
• The opposite crypto index is Hashdex’s Nasdaq Crypto Index US ETF (NCIQ).

Franklin Templeton, a distinguished world asset supervisor, has launched a brand new exchange-traded fund (ETF) that gives traders with publicity to each Bitcoin (BTC) and Ethereum’s Ether (ETH).

Introduced on February 20, 2025, the Franklin Crypto Index ETF, buying and selling beneath the ticker EZPZ, marks the second crypto index ETF to launch in the USA, following carefully 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 trace the US CF Institutional Digital Asset Index, a market capitalization-weighted benchmark managed by CF Benchmarks.

As of its launch date, the index allocates roughly 87% of its weighting to Bitcoin — at the moment priced at $98,706 — whereas Ether, valued at $2,755, accounts for about 13%.

Franklin Templeton has emphasised that this ETF affords a streamlined manner for traders to achieve publicity to those main digital belongings with out the complexities of straight buying and managing them.

Franklin Templeton is happy to launch $EZPZ, our newest exchange-traded product (ETP) that gives publicity to bitcoin and ether with out the trouble of shopping for them straight.

This revolutionary providing plans so as to add new digital belongings as they grow to be eligible for inclusion in… pic.twitter.com/1snE7mKMht

— Franklin Templeton Digital Property (@FTDA_US) February 20, 2025

Wanting forward, Franklin Templeton plans to develop the fund’s holdings as further cryptocurrencies are included into the underlying index, topic to regulatory approval. This forward-thinking method positions EZPZ as a possible “one-stop-shop” for US traders searching for a diversified crypto portfolio via a single funding car.

The launch of EZPZ comes amid a wave of cryptocurrency ETF developments within the US. Hashdex’s NCIQ, buying and selling on the Nasdaq, equally focuses on Bitcoin and Ether with plans to broaden its scope over time.

The broader market has additionally seen a surge in ETF filings all through 2024, with asset managers submitting proposals for funds tied to altcoins similar to Solana (SOL), XRP, and Litecoin (LTC).

In October, NYSE Arca sought approval to checklist a Grayscale ETF based mostly on the Grayscale Digital Massive Cap Fund, a diversified crypto portfolio established in 2018 that features Bitcoin, Ether, Solana, and XRP, amongst others.

Moreover, Bitwise lately filed for a ten Crypto Index Fund ETF with the SEC, additional underscoring the rising demand for crypto funding automobiles.

Analysts at Bloomberg Intelligence have expressed optimism in regards to the regulatory outlook, suggesting “relatively high odds of approval across the board” for these new crypto ETF proposals. This momentum highlights a pivotal second for the mixing of digital belongings into conventional finance, providing traders extra accessible and controlled choices to take part within the crypto market.

Franklin Templeton’s entry into the crypto ETF house with EZPZ indicators each the agency’s confidence within the maturing digital asset ecosystem and the growing urge for food amongst mainstream traders for cryptocurrency publicity. Because the index evolves and regulatory hurdles are cleared, EZPZ might pave the way in which for broader adoption of crypto-focused ETFs, bridging the hole between standard funding methods and the quickly increasing world of blockchain-based belongings.

For now, the fund stands as a milestone in making Bitcoin and Ether extra accessible to US traders, with the promise of additional progress on the horizon.