The Franklin Crypto Index ETF (ticker: EZPZ) is a passively managed ETF that gives investors exposure to a basket of cryptocurrencies through a traditional brokerage account, without requiring them to manage wallets, private keys, or crypto exchange accounts. EZPZ trades on the Cboe BZX Exchange and tracks the CF Institutional Digital Asset Index, which holds eight cryptocurrencies weighted by free-float market cap. As of December 31, 2025, the index was heavily concentrated in Bitcoin at roughly 75%, with Ether at roughly 14%, XRP at roughly 6%, Solana at roughly 3%, and smaller positions in Dogecoin, Cardano, Chainlink, and Stellar Lumens. Prior to December 2025, the Fund held only Bitcoin and Ether. The Fund charges a 0.19% annual Sponsor's fee, which is the only ordinary recurring expense and is paid by periodically selling a small portion of the Fund's crypto holdings. In exchange, the Sponsor, Franklin Holdings, absorbs most ordinary operating costs. The Fund does not generate income — it does not stake or lend assets, making it a pure price-tracking vehicle. Shares are issued and redeemed only in large blocks through a small set of Authorized Participants, including Jane Street Capital, J.P. Morgan Securities, Virtu Americas, and Goldman Sachs. The Fund's crypto is custodied by Coinbase Custody, held primarily in cold storage in segregated wallets. EZPZ is sponsored by Franklin Holdings, an affiliate of Franklin Resources (Franklin Templeton).