Key Takeaways
- Franklin Templeton, a global investment management firm has launched their new EZPZ ETF consisting of BTC and ETH on 20th February 2025.
- The EZPZ ETF is managed with secure custody provided by Coiinbase, one of the top dogs in the digital asset security industry.
- Per analysts, the increased institutional adoption of cryptocurrencies could propel the market, especially BTC to new heights by the end of 2025.
On the 20th of February 2025, Franklin Templeton, a global investment management company created a huge wildfire in the crypto sector when it officially launched its new Bitcoin and Ether ETF product, which is dubbed the Franklin Crypto Index ETF (EZPZ), marking a new milestone for the investment giants.
This article will explore this new development and what it entails. Furthermore, we will also look into the market performance of BTC and ETH after the official announcement of the ETF.
Initial Filing & SEC Approval
It was in August 2024 that Franklin Templeton began regulatory filings for the Franklin Crypto Index ETF (EZPZ). This filing was pushed by Franklin Templeton’s desire to expand their digital asset offerings, following the success of their crypto ETFs: the Franklin Bitcoin ETF and Franklin Ethereum ETF. In November 2024, the SEC (Securities and Exchange Commission) delayed its decision on the EZPZ filing as part of its cautious approach undertaken under the leadership of Gary Gensler, former SEC chairperson.
Following this delay, the SEC reviewed whether the proposed ETF is in alignment with major financial regulations and capital market standards, especially regarding the custody and transparency of funds. On December 20, 2024, the SEC approved the EZPZ ETF, just 2 weeks before the January 6, 2025 deadline. This approval also marked a significant turning point in how the SEC viewed the digital asset ETFs.
The Franklin Templeton BTC-ETH ETF
Franklin Templeton, well-known for its investments and other financial products introduced an ETF including BTC and ETH last Thursday, 20th February. This newly launched ETF was introduced to give retail investors much-needed exposure to the crypto world, especially to BTC and ETH. The new EZPZ ETF marks the 3rd digital asset ETF launched by Franklin Templeton.
The BTC-ETH ETF allocation is about 82% Bitcoin and 18% Ethereum, offering investors a single entity to own BTC and ETH indirectly. Apart from this dual cryptocurrency exposure, Franklin has also waved off the sponsor fee of 0.19% until the 31st of August 2025, for the first $%10 billion of assets in the ETF fund.
How Credible & Secure is the Franklin Crypto Index ETF
Franklin Templeton is one of the most reputed and largest asset management firms, having over 75 years of experience. They currently manage assets worth over $1.58 trillion as of the data from January 31, 2025. Their operation also spans over 150 countries and has a diversified portfolio amounting to over 100 ETFs. This strong foundation and profound experience in the ETF field put up the credibility of the digital assets managed by the foundation.
Furthermore, the EZPZ ETF is managed with secure custody provided by Coiinbase, one of the top dogs in the digital asset security industry. This partnership combined with the above-mentioned standing of the Franklin Templeton firm helps in boosting investor confidence, which can attract even more customers as the inflows into the EZPZ ETF increase.
Market Performance & Future Price Outlook
The recent launch of the Franklin Crypto Index ETF certainly had an impact on the price movements of the two cryptocurrencies. But more importantly, they also symbolize the growing institutional adoption rate of the crypto market. Here is a brief outlook on the current market performance and future outlook for the 2 cryptos associated with the EZPZ ETF.
Market Performance
- Bitcoin: As of 21st February 2025, BTC is trading at approximately $98,430.76 and is ranked #1 on its market capitalization, estimated to be $1.95 Trillion, indicating that BTC has grown about 1.6% since the ETF launch.
- Ethereum: As of 21st February 2025, ETH is trading at approximately $2,757.4 and is ranked #2 on its market capitalization, estimated to be $332.54 billion, indicating that the coin has grown about 1.89% since the ETF.
Future Outlook
- Bitcoin: Various analysts have predicted that BTC could very well touch the $200K mark by the end of 2025 propelled by growing institutional adoption of the crypto market.
- Ethereum: Even though ETH is not estimated to grow as high as the original crypto, it is estimated that the coin will touch the $3K mark by the end of 2025.
For further insights into the crypto ETF sector and other related news, stay tuned.
