Franklin Templeton has introduced its latest exchange-traded product (ETP), the Franklin Crypto Index ETF (EZPZ), designed to provide investors with exposure to bitcoin and ether without the complexities of direct ownership. The fund aims to track the performance of the CF Institutional Digital Index – US Settlement Price, offering a streamlined entry into the crypto market.

The EZPZ ETF is listed on the Cboe BZX Exchange and comes with a 0.19% gross sponsor fee, though Franklin Templeton has waived the fee on the first $10 billion of the fund’s assets until August 29, 2025. Custody services for the fund’s digital assets are provided by Coinbase Custody Trust Company, LLC.

According to Franklin Templeton, the ETF seeks to simplify access to the digital asset market, catering to investors who want exposure to bitcoin and ether within a traditional brokerage account. Unlike direct crypto ownership, investors in the fund do not need to manage private keys or store assets in digital wallets.

The fund will follow an evolving representation of crypto beta, meaning that it may add new digital assets to its holdings as they become eligible for inclusion in the underlying index, pending regulatory approvals

Franklin Templeton has positioned itself as a leader in the digital asset space, leveraging its in-house expertise and data-driven investment strategies to navigate the evolving crypto landscape.

Franklin Templeton has been active in digital asset research since 2019, developing blockchain-based solutions and launching the first US.-registered mutual fund to use public blockchains for transaction processing and share ownership records. 

The launch of EZPZ represents another step in its commitment to integrating traditional financial markets with the digital asset ecosystem.