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Franklin Templeton has taken a significant step toward expanding its digital asset offerings by filing an S-1 application with the US Securities and Exchange Commission (SEC) to launch the “Franklin Crypto Index ETF.” This proposed ETF aims to provide investors with regulated exposure to the performance of Bitcoin and Ethereum. The fund will track the CF Institutional Digital Asset Index, with Coinbase Custody Trust Company as the custodian for digital assets and Bank of New York Mellon handling cash management.
The ETF, if approved, will trade on the Cboe BZX Exchange under the ticker symbol “EZPZ.” The Cboe is also seeking regulatory approval for in-kind creation and redemption of ETF shares using digital assets, reflecting the increasing demand for innovative crypto investment products.
This filing underscores the growing competition among asset managers to enter the crypto space. With similar applications from Hashdex and Grayscale, the race to launch crypto ETFs highlights the rising institutional interest in digital assets despite market volatility.
