Franklin Templeton Launches a New Crypto ETF
Franklin Templeton has announced the launched of the Franklin Crypto Index ETF, known by its ticker EZPZ. It tracks the CF Institutional Digital Asset Index, which currently features only Bitcoin and Ethereum.
The ETF was launched shortly after Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), becoming the second product of its kind to enter the market.
Structured for future growth, the EZPZ fund plans to incorporate additional cryptocurrencies into its portfolio as they are added to the index, pending regulatory approval. Franklin Templeton describes it as a convenient option for investors seeking exposure to digital assets without needing to purchase them directly.
Presently, both the EZPZ and Hashdex’s NCIQ focus on Bitcoin and Ethereum, but they intend to diversify their holdings.
