Franklin Templeton has expanded its crypto index ETF, EZPZ, by including six new digital tokens. The move, effective December 1, brings the total to eight cryptocurrencies under the fund. Newly added assets include XRP, Solana, Dogecoin, Cardano, Stellar Lumens, and Chainlink, joining the previously held Bitcoin and Ether.
The firm stated in a post on X,
This expansion follows a rule change by the Cboe Exchange, approved by the U.S. Securities and Exchange Commission, allowing funds to include a broader selection of cryptocurrencies. A filing with the SEC dated November 24 confirmed these changes, which remove previous restrictions limiting EZPZ to only Bitcoin and Ether.
The filing added,
The benchmark index still follows a quarterly rebalancing cycle. Composition changes will depend on index provider standards along with generic listing rules. EZPZ fund will also support in-kind creation and redemption of ETF units, in addition to the existing cash-only process.
The addition of XRP to the ETF lineup follows the launch of a separate XRP-focused fund under the ticker XRPZ. Franklin Templeton recently introduced the XRPZ ETF with an annual sponsor fee of 0.19% of net asset value. On its first day of trading, XRPZ drew in more than $60 million, according to CNF.
Data from SoSoValue showed that on December 1, the XRPZ ETF brought in $28.41 million. This raised its total net inflow to $114 million since inception. David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, has pointed out that XRP plays a role in international settlement processes.
The move strengthens Franklin Templeton’s position in crypto-focused ETFs, signaling growing demand for regulated products that offer exposure to various blockchain-based assets beyond just Bitcoin and Ether.
As we reported, Franklin Templeton is also preparing for a separate Solana spot ETF, indicated by its Form 8-A filing to the SEC. This step suggests that the Franklin Solana Trust is nearing readiness for public trading. The ETF will operate under the ticker SOEZ and be listed on NYSE Arca.
This planned fund is designed to hold physical SOL tokens, not derivatives, and will follow the CF Benchmarks Solana Index, which compiles price data across several exchanges. The ETF’s structure, custody plans, and disclosures were detailed in an earlier amended S-1 filing submitted on November 21.
The SEC had previously extended its review process for the Solana ETF multiple times, from April to June, and again into November. Now, with only administrative steps left, market analysts expect trading to begin soon unless any objections emerge.
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