Franklin Bitcoin ETF - Market Price Return (%)
Alternatives Indexed
EZBC Franklin Bitcoin ETF
- Simplified access. Convenient and cost-effective, lowering the barrier of entry into the crypto market.
- Credible oversight. Offered by Franklin Templeton, a trusted partner to clients for 75 years, custodied by Coinbase and registered under the Securities Act of 1933.
- Emerging opportunity. Exposure to an emerging asset class still early in its adoption cycle, with the potential for attractive returns for risk-tolerant investors willing to embrace volatility.
Before you invest, for more complete information about the Fund and this offering, you should carefully read the Fund's prospectus. The Fund is not an investment company registered under the Investment Company Act of 1940 (1940 Act), and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the 1940 Act. The Fund is not a commodity pool for purposes of the Commodity Exchange Act (CEA) and accordingly is not subject to the regulatory protections afforded by the CEA.
Popular Documents
Overview
Fund Facts
Fund description
EZBC seeks to reflect generally the performance of the price of bitcoin before payment of the fund's expenses.
- Benchmark
- CME CF Bitcoin Reference Rate - New York Variant
- Fund Inception Date
- 01/11/2024
- Listing Exchange
- Cboe
Identifiers
- Ticker
- EZBC
- IOPV / IIV Ticker
4 - EZBC.IV
- CUSIP Code
- 354921108
- ISIN Code
- US3549211080
- Bloomberg Code
- EZBC US
Average Annual Total Returns As of 02/28/2026
- -22.17%1 Year
- —3 Years
- —5 Years
- —10 Years
- 17.20%Since Inception
01/11/2024
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Additional Fund Info
- Morningstar Category
5 - Digital Assets
- Bitcoin in Fund
As of 03/31/2026 (Updated Daily) - 6302.83
- Bitcoin per Basket
As of 03/31/2026 (Updated Daily) - 28.91
- Fiscal Year End
- March 31
- Administrator
- Bank of New York Mellon
- Trustee
- Delaware Trust Company
- Auditor
- PricewaterhouseCoopers
- Bitcoin Custodian
- Coinbase Custody Trust Company, LLC
- Marketing Agent
- Franklin Distributors, LLC
Trading Characteristics
- Shares Outstanding
- 10,900,000
- Daily Volume
- 412,767
- 20-Day Average Volume
- 177911.31
Manager and Commentary
About the Team
Franklin Templeton Digital Assets
Franklin Templeton Digital Assets has been at the forefront of the digital asset revolution since 2018. Our dedicated and independent team is deeply immersed in cutting-edge research and highly engaged in supporting blockchain networks and platform development. We focus on creating innovative, investable products to help client portfolios tap into the evolving digital asset ecosystem.
Franklin ETF and Index Investments
Latest Insights
December 23, 2025
Performance
Calendar Year Returns
As of 02/28/2026
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns are based on Market Price or NAV, assume the deduction of all Fund expenses. Returns for periods of less than one year are not annualized.
Franklin Bitcoin ETF - NAV Return (%)
CME CF Bitcoin Reference Rate - New York Variant (%)
Portfolio
Assets
As of03/31/2026 (Updated Daily)
- Total Net Assets
- $427.46 Million
Holdings
As of 03/31/2026 (Updated Daily)
BITCOIN
Net Current Assets
Pricing
Pricing History
As of 03/31/2026 (Updated Daily)
Daily Fund Prices
As of 03/31/2026
Share Prices
As of 03/31/2026
52-Week Range
- Highest NAV
As of 10/06/2025 - $72.73
- Lowest NAV
As of 02/05/2026 - $36.95
- Highest Market Price
As of 10/06/2025 - $72.69
- Lowest Market Price
As of 02/05/2026 - $36.80
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin Bitcoin ETF | |||
| Flyer - Franklin Bitcoin ETF | |||
| Flyer - Franklin Templeton Digital Assets | |||
| Form 8K - Franklin Bitcoin ETF |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual 10K - Franklin Bitcoin ETF | |||
| Quarterly 10-Q2 - Franklin Bitcoin ETF | |||
| Prospectus - Franklin Bitcoin ETF | |||
| Quarterly 10-Q1 - Franklin Bitcoin ETF | |||
| Quarterly 10-Q3 - Franklin Bitcoin ETF |
Risks
This not a direct investment in bitcoin, but rather, an exchange-traded product that invests in bitcoin.
All investments involve risks, including possible loss of principal. Before you invest, for more complete information about the Fund and this offering, you should carefully read the Fund's prospectus.
The Fund is not an investment company registered under the Investment Company Act of 1940 (1940 Act), and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the 1940 Act. The Fund is not a commodity pool for purposes of the Commodity Exchange Act (CEA) and accordingly is not subject to the regulatory protections afforded by the CEA.
The Fund holds only bitcoin and cash and is not suitable for all investors. The Fund is not a diversified investment and, therefore, is expected to be more volatile than other investments, such as an investment in a more broadly diversified portfolio. An investment in the Fund is not intended as a complete investment plan.
An investment in the Fund is subject to market risk with respect to the digital asset markets. The trading price of the bitcoin held by the Fund may go up and down, sometimes rapidly or unpredictably. The value of the Fund's Shares relates directly to the value of bitcoins, which has been in the past, and may continue to be, highly volatile and subject to fluctuations due to a number of factors. Extreme volatility in the future, including substantial, sustained, or rapid declines in the trading prices of bitcoin, could have a material adverse effect on the value of the Shares and the Shares could lose all or substantially all of their value.
Competitive pressures may negatively affect the ability of the Fund to garner substantial assets and achieve commercial success.
Digital assets represent a new and rapidly evolving industry, and the value of the Fund's Shares depends on the acceptance of bitcoin. Due to the unregulated nature and lack of transparency surrounding the operations of digital asset exchanges, which may experience fraud, manipulation, security failures or operational problems, as well as the wider bitcoin market, the value of bitcoin and, consequently, the value of the Shares may be adversely affected, causing losses to Shareholders.
Digital asset markets in the U.S. exist in a state of regulatory uncertainty, and adverse legislative or regulatory developments could significantly harm the value of bitcoin or the Shares, such as by banning, restricting, or imposing onerous conditions or prohibitions on the use of bitcoins, mining activity, digital wallets, the provision of services related to trading and custodying bitcoin, the operation of the Bitcoin network, or the digital asset markets generally.
The Index price used to calculate the value of the Fund's bitcoin has a limited performance history and may be volatile, adversely affecting the value of the Shares. Moreover, the Index Administrator could experience system failures or errors. Errors in the Index data, computations and/or construction may occur from time to time and may not be identified and/or corrected for a period of time or at all, which may have an adverse impact on the Fund and the Shareholders. A temporary or permanent “fork” could adversely affect the value of the Shares. Shareholders should not expect to receive the benefits of any forks or “airdrops.”
The Fund is a passive investment vehicle and is not actively managed, meaning it does not manage its portfolio to sell bitcoin at times when its price is high, or acquire bitcoin at low prices in the expectation of future price increases. Also, the Fund does not use any hedging techniques to attempt to reduce the risks of losses resulting from bitcoin price decreases. The Fund is not a leveraged product and does not utilize leverage, derivatives or similar instruments or transactions. The Fund's Shares are not interests or obligations of the Fund's Sponsor or its affiliates and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
The amount of bitcoin represented by each Share will decrease over the life of the Fund due to the sales of bitcoin necessary to pay the Sponsor's Fee and other Fund expenses. Without increases in the price of bitcoin sufficient to compensate for that decrease, the price of the Shares will also decline, and you will lose money on your investment in Shares.
Security threats to the Fund's account at the Bitcoin Custodian or Prime Broker could result in the halting of Fund operations and a loss of Fund assets or damage to the reputation of the Fund, each of which could result in a reduction in the value of the Shares.
If the process of creation and redemption of Creation Units encounters any unanticipated difficulties, the possibility for arbitrage transactions by Authorized Participants intended to keep the price of the Shares closely linked to the price of bitcoin may not exist and, as a result, the price of the Shares may fall or otherwise diverge from NAV.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.