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Bitcoin ETF Launch by Franklin Templeton

Franklin Templeton Launches EZPZ ETF for Bitcoin and Ethereum Exposure

  • EZPZ is Franklin Templeton’s new crypto product listed on the Cboe BZX exchange.
  • The ETF offers exposure to Bitcoin (82%) and Ethereum (18%).
  • It tracks CF Benchmark’s Institutional Digital Asset Index.
  • The fund has a low expense ratio of 0.19%.
  • Franklin Templeton’s Bitcoin ETF holds $708 million in AUM, ranking ninth among U.S. spot Bitcoin funds.
  • The Ethereum ETF has $34 million in AUM, ranking seventh among its peers.

Franklin Templeton’s EZPZ ETF provides a cost-effective way for investors to gain exposure to leading cryptocurrencies, with an emphasis on market capitalization weighting between Bitcoin and Ethereum.

Source (2.6)https://decrypt.co/307149/franklin-templeton-expz-etf-bitcoin-ethereum?rand=52368
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