Franklin Templeton Launches Bitcoin (BTC) and Ethereum (ETH) Based Index Product EZPZ

Source
JH Kim

Summary

  • Franklin Templeton announced the launch of EZPZ, an Exchange Traded Product based on Bitcoin and Ethereum.
  • They stated that EZPZ is an ETF reflecting market capitalization weightings of 87% Bitcoin and 13% Ethereum.
  • The developer revealed that new cryptocurrencies could be included in the index in the future.

Global asset management firm and Bitcoin (BTC) spot ETF issuer Franklin Templeton announced on the 20th (local time) through its official X (formerly Twitter) account the launch of EZPZ, a cryptocurrency Exchange Traded Product (ETP) based on Bitcoin (BTC) and Ethereum (ETH).

EZPZ is an ETF that reflects market capitalization weightings of 87% BTC and 13% ETH, and the company explained that new cryptocurrencies could be included in the index in the future.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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