On February 21st, COINOTAG News reported that Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ), marking a significant development as the second cryptocurrency index ETF in the U.S. market. This fund uniquely combines both spot Bitcoin and Ethereum, offering investors diversified exposure to these leading digital assets. Following the recent launch of the Nasdaq Crypto Index US ETF (NCIQ) on February 14th by Hashdex, EZPZ leverages the CF Institutional Digital Asset Index to define its asset strategy.
As of February 20th, this index primarily emphasizes Bitcoin and Ethereum, comprising approximately 87% BTC and 13% ETH according to CF Benchmarks. Investors in the EZPZ will benefit from a streamlined approach to cryptocurrency investment, with plans for future expansion that may involve additional digital currencies. This initiative aligns with Franklin Templeton’s commitment to creating a comprehensive cryptocurrency portfolio for U.S. investors, catering to the growing interest in the space.