Franklin Templeton launches spot Bitcoin and Ethereum ETP
On Thursday, U.S.-based investment firm Franklin Templeton announced the launch of exchange-traded products (ETPs) for Bitcoin and Ethereum.
The development was among the factors that contributed to Litecoin’s retracement, as investors redirected their attention toward the two largest cryptocurrencies.
The newly launched Franklin Crypto Index ETF (EZPZ) provides exposure to Bitcoin and Ethereum price movements, marking another milestone in institutional crypto adoption. The ETP’s sponsor fee of 0.19% will be waived for investors until August 31, 2025.
