Franklin Templeton's EZBC Fund Cuts Expense Ratio to 0.19%
Franklin Templeton's EZBC fund has been updated to offer an expense ratio of 0.19%, making it one of the lowest-cost options in the market. This rate is competitive with VanEck's HODL fund, which previously held this distinction before its waiver expired on July 31, 2026.
In comparison, WisdomTree's BTCW fund charges a higher expense ratio of 0.25% for its Bitcoin holdings. EZBC provides reliable exposure to spot Bitcoin via Coinbase custody and consists of a single asset, accounting for 100.00% of its holdings.
The 3-month return for EZBC was 24.11%, outperforming the 7.64% return seen in BTCW over the same timeframe. However, both funds remain highly volatile, with EZBC experiencing a maximum drawdown of -53.35% and a 1-year return drop of 32.34%. The fund's beta is 2.17, indicating high risk.
As of September 11, 2026, EZBC held $423.7 million in assets, more than double the $162.3 million held by BTCW. Trading and custody details show that EZBC provides reliable exposure to spot Bitcoin via Coinbase custody.