Franklin Templeton Bitcoin-Ethereum ETF begins to trade in the US.

Franklin Templeton launched its Dual Spot bitcoin (btc) and ethereum (eth) background (eth) on February 20, according to a <a target="_blank" href="https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/41786/SINGLCLASS/franklin-crypto-index-etf/EZPZ”>Press release.

The background will be negotiated under the EZPZ ticket and appears in CBOE. Track the double price based on the Institutional Digital Assets Index CF.

The index is weighted by market capitalization, assigning 82% to bitcoin and 18% to ethereum. As of February 19. EZPZ has 22.12 btc and 123.55 eth, guarded by Coinbase.

This is the third cryptographic ETF of Franklin Templeton, after the launches of Franklin bitcoin ETF (EZBC) and Franklin ethereum ETF (Ezet) last year.

As of February 20, EZBC and Ezet have registered $ 479.6 million in net flows since their launches, based on data from Farside investors.

Pointing to a broad index

David Mann, Global Chief of Products of Products and Capitals of ETF in Franklin Templeton, said in a<a target="_blank" href="https://www.businesswire.com/news/home/20250220096361/en/Franklin-Templeton-Expands-Its-Digital-Asset-ETP-Suite-With-Launch-of-the-Franklin-crypto-Index-ETF”> statement:

“EZPZ offers a convenient and low cost of obtaining exposure to the two most established and larger block chain chain ecosystems. In the long term, the ETP intends to add new coins as they become eligible for the inclusion of the index. We hope this ETP evolves represent beta for cryptography. “

Bloomberg Etf James Seyffart analyst <a target="_blank" href="https://x.com/JSeyff/status/1892590145884365032″>noted That EZPZ “finally” will be an ETF of encryption index such as the United States Securities and Securities Commission (SEC) Greenlights more digital active in the ETF wrap.

The EZPZ that appears in the trade less than a week after the dual crypto ETF NCIQ of hashdex will be listed in the Nasdaq, which Seyffart also believes that it will become an ETF of cryptographic index.

The sec delayed the decision In Franklin Templeton and Hashdex's funds on November 20, 2024, but finally approved both on December 20, 2024, approximately three weeks before the reported deadline of January 6, 2025.

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Gino Matos

Reporter in Cryptoslate

Gino Matos is a graduate of the Faculty of Law and an experienced journalist with six years of experience in the cryptographic industry. His experience focuses mainly on the Brazilian blockchain ecosystem and developments in decentralized finances (Defi).

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