• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Franklin Templeton rolls out “EZPZ” Bitcoin and Ether ETF

by February 21, 2025
by February 21, 2025

Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), an exchange-traded fund holding both spot Bitcoin and Ether, the asset manager announced on February 20.

This marks the second cryptocurrency index ETF to hit the US market, following Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which launched on February 14.

EZPZ tracks the US CF Institutional Digital Asset Index, which currently consists solely of Bitcoin and Ether.

As of February 20, the index is market-cap weighted, with approximately 87% allocated to BTC and 13% to ETH, according to CF Benchmarks.

Managed with secure custody by Coinbase, the fund offers a 0.19% sponsor fee, which will be waived for investors until August 31, 2025.

Franklin Templeton’s crypto ETFs

Franklin Templeton plans to expand the ETF’s holdings as more digital assets are added to the index, ultimately positioning EZPZ as a diversified crypto portfolio for US investors.

The asset manager highlighted that EZPZ offers exposure to Bitcoin and Ether “without the hassle of buying them directly.”

It also noted that additional cryptocurrencies will be included in the ETF once they meet regulatory requirements.

EZPZ is Franklin Templeton’s third digital asset exchange-traded product (ETP) within a year.

The firm previously launched the Franklin Bitcoin ETF (EZBC) on January 11, 2024, and the Franklin Ethereum ETF (EZET) on July 23, 2024.

“This expanding suite of digital asset ETPs highlights Franklin Templeton’s ongoing commitment to providing secure, transparent, and modern investment solutions that address the evolving needs of clients,” the company stated.

Like Franklin Templeton, Hashdex’s NCIQ currently holds only BTC and ETH but has similar plans to broaden its asset selection in the future.

Since Trump’s return to the Oval Office, asset managers have filed numerous regulatory applications to list ETFs holding altcoins, including Solana (SOL), XRP, and Litecoin (LTC), among others.

Bloomberg Intelligence expects “relatively high odds of approval across the board” for the new crypto ETF filings.

James Seyffart, a Bloomberg Intelligence ETF analyst who correctly predicted spot Bitcoin ETFs, recently estimated a 90% chance of approval for a Litecoin ETF in the coming months and a 75% chance for a Dogecoin ETF.

BTC and ETH ETF’s recent inflows

Ethereum ETFs recorded $19.02 million in net inflows on Feb. 19, 2025, extending a four-day streak that has brought total inflows to $48.19 million, according to SoSoValue data.

In contrast, Bitcoin ETFs saw another day of outflows, losing $71.07 million as investors continued to exit bearishly.

BTC funds have now faced consistent outflows since Feb. 10, with last week’s net exits totaling $585.65 million.

This marked the first week of outflows after six consecutive weeks of inflows.

The Fidelity Wise Origin Bitcoin Fund (FBTC) experienced the largest outflows at $282.2 million, followed by ARK 21Shares Bitcoin ETF (ARKB) with $162.9 million.

In contrast, the iShares Bitcoin Trust (IBIT) saw net inflows of $105.6 million, bucking the broader trend.

The post Franklin Templeton rolls out “EZPZ” Bitcoin and Ether ETF appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dow sinks over 400 points, S&P retreats from highs amid Walmart scare
next post
Microsoft unveils Majorana 1 chip, boosting quantum stocks: here’s what you need to know

Related Posts

Asian markets open: most futures lower; Sensex to...

June 6, 2025

Here’s why the Nifty 50 Index may surge...

June 6, 2025

Circle stock price prediction: is CRCL a good...

June 6, 2025

Trump-Musk fallout risks SpaceX deals, Tesla’s standing, and...

June 6, 2025

European markets open: Stoxx 600 flat ahead of...

June 6, 2025

Musk, Trump dial back feud as White House...

June 6, 2025

XRP slips 2.5% to $2.14 as Trump-Musk clash...

June 6, 2025

China’s May export growth seen slowing to 5.0%...

June 6, 2025

FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo,...

June 6, 2025

Citi downgrades CEG stock despite Constellation Energy’s big...

June 5, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Relative Drug Pricing is Bad Medicine

    June 6, 2025
  • Want to Fix Medicaid? Look to Milton Friedman

    June 6, 2025
  • Want to Fix Medicaid? Look to Milton Friedman

    June 6, 2025
  • Relative Drug Pricing is Bad Medicine

    June 6, 2025
  • Asian markets open: most futures lower; Sensex to open flat as RBI policy decision looms

    June 6, 2025
  • Here’s why the Nifty 50 Index may surge after the RBI rate cut

    June 6, 2025

Editors’ Picks

  • 1

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,373)
  • Editor's Pick (143)
  • Investing (165)
  • Stock (882)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Did tariffs kill the TikTok deal? Donald...

April 7, 2025

Brazilian meat giant JBS clears path for...

May 24, 2025

SoFi plans crypto comeback within 6 months,...

April 30, 2025