Franklin Templeton Unveils Hybrid Bitcoin and Ethereum ETF, Expanding Crypto Investment Options

Franklin Templeton Unveils Hybrid Bitcoin and Ethereum ETF, Expanding

Options

Franklin Templeton, a global financial services powerhouse, has officially launched a hybrid Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF), further solidifying its position in the digital asset investment space.

Introducing the Franklin Crypto Index ETF (EZPZ)

The newly introduced Franklin Crypto Index ETF, trading under the ticker EZPZ, will be custodially managed by Coinbase. This marks Franklin Templeton’s third crypto-based ETF offering, following its previous launches of single-asset Bitcoin and Ethereum ETFs last year.

ETF Composition and Market Strategy

Designed to provide diversified exposure to the two largest cryptocurrencies, the Franklin Crypto Index ETF will track the CF Institutional Digital Asset Index. As of now, the portfolio allocation stands at approximately 86.51% Bitcoin and 13.49% Ethereum, ensuring broad exposure to the leading blockchain ecosystems.

David Mann, Franklin Templeton’s Global Head of ETF Product and Capital Markets, emphasized the fund’s potential for growth and its role in advancing institutional adoption of digital assets:

“EZPZ offers investors a simple and cost-effective way to gain exposure to the two most established blockchain networks. Over time, this ETF is expected to evolve, incorporating additional cryptocurrencies as they become eligible for index inclusion. Our vision is for EZPZ to serve as a benchmark for crypto investments.”

A Growing Trend in Crypto ETFs

Franklin Templeton is not the first to introduce a dual-asset crypto ETF. Earlier this month, Hashdex, a prominent crypto asset management firm, also launched a similar Bitcoin-Ethereum ETF. The increasing interest in diversified digital asset funds signals growing institutional confidence in cryptocurrencies.

Bloomberg ETF analyst James Seyffart has projected that such products could eventually transform into full-scale crypto index ETFs, pending regulatory advancements by the U.S. Securities and Exchange Commission (SEC).

As regulatory frameworks evolve and investor demand surges, Franklin Templeton’s latest ETF launch represents a major step toward mainstream adoption of digital assets, offering a more structured and accessible investment vehicle for institutional and retail investors alike.

Conclusion

The introduction of the Franklin Crypto Index ETF marks a strategic expansion of Franklin Templeton’s digital asset offerings. By providing seamless exposure to Bitcoin and Ethereum in a single fund, EZPZ is poised to attract investors looking for a balanced approach to crypto investments. With market trends pointing towards broader crypto ETF adoption, this launch reinforces the firm’s commitment to driving innovation in the digital asset sector.