Franklin Ethereum ETF
EZET
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Jul 23, 2024
- CIK
- 0002011535
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Ethereum ETF (EZET) is an exchange-traded fund that provides investors with exposure to the price performance of Ether, the native cryptocurrency of the Ethereum blockchain, through a physically backed portfolio of Ether held in secure cold storage by the fund's custodian. The ETF offers shares that trade on major U.S. stock exchanges, enabling convenient access to Ethereum without the complexities of direct cryptocurrency ownership, custody, or wallet management; it employs a benchmark tracking approach against the CF Ether-Dollar US Settlement Price Index; and provides daily liquidity and transparency via standard ETF mechanics. Franklin Templeton, the fund's sponsor and a subsidiary of Franklin Resources, Inc., founded in 1947 and headquartered in San Mateo, California, manages the ETF as part of its broader lineup of digital asset and cryptocurrency investment products offered globally, primarily targeting institutional and retail investors seeking diversified exposure to blockchain-based assets. Launched in July 2024 following U.S. Securities and Exchange Commission approval of spot Ethereum ETFs, EZET represents Franklin Templeton's strategic expansion into the cryptocurrency investment space, building on its prior launch of the Franklin Bitcoin ETF (EZBC) earlier that year; the fund has since seen significant inflows amid growing institutional adoption of Ether as a foundational asset for decentralized finance, smart contracts, and layer-2 scaling solutions. In late 2024 and into 2025, Franklin Templeton enhanced its digital asset offerings through partnerships with custodians like Coinbase Custody Trust Company for secure Ether storage and integration with advanced staking protocols to potentially generate yield, though direct staking rewards are not currently distributed to shareholders; the firm also announced expansions into Ethereum-related derivatives and options trading support for EZET shares. These developments underscore Franklin Templeton's commitment to bridging traditional finance with blockchain innovation, with operations spanning North America, Europe, and Asia-Pacific regions.