Franklin Templeton launches the ETF Bitcoin and Ether Index

Yesterday, Franklin Templeton announced the launch of EZPZ, which is the Franklin Crypto Index ETF. It is an exchange-traded fund that offers simultaneous exposure to BTC and ETH.

Now the company manages three different crypto ETFs, EZBC (Franklin Bitcoin ETF), EZET (Franklin Ethereum ETF), and indeed EZPZ (Franklin Crypto Index ETF).

Summary

• The new Bitcoin and Ether Index ETF by Franklin Templeton
• The company Franklin Templeton
• Crypto ETFs

The new Bitcoin and Ether Index ETF by Franklin Templeton

Officially the name of EZPZ is Franklin Crypto Index, but since it is collateralized only in BTC and ETH it is also referred to as Franklin Templeton Bitcoin and Ether Index ETF.

At the time of launch, the fund already owned more than 22 BTC and more than 123 ETH, with a NAV exceeding two and a half million dollars.

Instead, EZBC now has a NAV exceeding 725 million dollars, and EZET exceeding 34.

Regarding the Franklin Crypto Index ETF, the NAV is composed of more than 86.5% Bitcoin (more than 2.1 million dollars) and only 13.5% Ethereum ($340,000).

It is, however, the second U.S. ETF based on a crypto index, and not on a single cryptocurrency.

EZPZ was designed to replicate the US CF Institutional Digital Asset Index, which is a market capitalization-weighted benchmark index managed by CF Benchmarks.

Within this index, Bitcoin weighs more than six times Ethereum, even though the ratio between the market capitalizations of BTC and ETH is less than six times.

The objective is to offer investors a simplified way to gain exposure to these assets without the complexities related to direct purchase and management.

The company Franklin Templeton

Franklin Templeton is one of the largest asset management companies in the world.

It was founded in 1947 in New York, and offers a wide range of investment management services to both institutional and private clients, but especially to those with large fortunes.

In particular, the company is known for its diversified offering of mutual funds, exchange-traded funds (ETF), and other investment solutions.

Additionally, it provides advisory and wealth management services to individual and institutional investors, as well as investment solutions in alternative assets, such as real estate, private equity, and hedge funds.

Finally, it conducts in-depth research and analysis on financial markets to inform its investment decisions, and is actively involved in financial innovation, exploring new technologies such as blockchain and tokenization.

In fact, the company plans to expand the EZPZ fund in the future to other criptovalute, as they are gradually added to the underlying index.

`html

Crypto ETFs

`

By now, there are many crypto ETFs on the stock exchange, both in the USA and in Europe, based on both single cryptocurrencies and crypto indices.

For example, BlackRocks Bitcoin ETF, IBIT, is the benchmark of this market. It is listed on Nasdaq, and lately, it has an average daily trading volume that hovers around or just below 2 billion dollars, with peaks even above 6.

To have a point of reference, the BTC/USD trading pair on the main US exchange, Coinbase, has trading volumes that are about half, although taking instead as a reference the BTC/USDT trading pair on Binance, the main crypto exchange in the world, the average daily trading volumes lately are in line with those of IBIT, if not slightly higher.

Between 2025 and 2026, the launch of several new crypto ETFs on the US stock exchanges is expected, featuring cryptocurrencies not yet present in these markets. These include, in particular, Litecoin, XRP, Solana, and possibly even Dogecoin.

An ETF from Grayscale based on the Grayscale Digital Large Cap Fund, which includes, among others, Bitcoin, Ether, Solana, and XRP, should also arrive. Bitwise has also recently applied for an ETF based on 10 crypto.