EZBC Bitcoin ETF Reaches $890 Million in Assets Under Management
Franklin Templeton's EZBC Bitcoin ETF has reached $890 million in assets under management as of September. This fund tracks the price of Bitcoin using the CME CF Bitcoin Reference Rate New York Variant, with an expense ratio of just 0.19%. This low cost makes EZBC a strong option for those looking for Bitcoin exposure without managing private keys.
The fund can experience high volatility and its 2026 year-to-date return shows a decline of 4.07%. However, the fund remains a passive investment vehicle that does not manage its portfolio to sell Bitcoin when prices are high or acquire it when prices are low. It holds only Bitcoin and cash.
Jenny Johnson, president and CEO of Franklin Templeton, leads the firm's digital asset strategy. The fund manager, Franklin Templeton Digital Assets, conducts research and technical development in the digital asset ecosystem.