Franklin Templeton is making big moves in the crypto investment space with the launch of its Franklin Crypto Index ETF (EZPZ). This new fund gives investors exposure to Bitcoin (BTC) and Ethereum (ETH) without the hassle of direct purchases.
EZPZ follows the CF Institutional Digital Asset Index and debuted shortly after Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), making it the second such ETF to hit the market. Both funds were approved by the U.S. Securities and Exchange Commission (SEC) in December and are now live—EZPZ on Cboe BZX and NCIQ on Nasdaq.
What Makes EZPZ Unique?
Unlike traditional crypto investments, Franklin Templeton’s EZPZ ETF is structured to expand over time. This means that as the index adds more cryptocurrencies, pending regulatory approval, the fund will evolve.
For now, it’s limited to Bitcoin and Ethereum, but asset managers are actively filing for ETFs covering Solana (SOL), XRP, and Litecoin (LTC). If these applications get the green light, EZPZ could eventually broaden its portfolio.
Regulators Are Warming Up to Crypto ETFs
The SEC’s approval of both EZPZ and NCIQ is a strong signal that crypto ETFs are gaining mainstream acceptance. Analysts at Bloomberg Intelligence believe new ETF applications have a higher chance of approval, especially after Donald Trump’s election victory.
Trump has expressed his pro-crypto stance, with ambitions to position the U.S. as a leader in digital assets. This shift in political landscape is likely to influence regulatory attitudes, paving the way for altcoin ETFs and broader adoption of crypto investment products.
Meanwhile, Grayscale is seeking SEC approval to list its Digital Large Cap Fund as an ETF, which includes BTC, ETH, SOL, and XRP—another sign that the crypto ETF market is set for major expansion.
Final Thoughts
With Franklin Templeton’s EZPZ ETF now live, crypto ETFs are becoming a mainstream investment option. As regulatory momentum builds, we could soon see more cryptocurrencies added to these funds, offering investors broader exposure to digital assets.
