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Franklin Bitcoin ETF

EZBCSpot ETF

Franklin Templeton · CBOE BZX · United States

Franklin Bitcoin ETF (EZBC) stands out for having the lowest TER on the market (0.19%), making it especially attractive to long-term investors sensitive to annual costs. Franklin Templeton is one of the oldest traditional asset managers in the US, with nearly 80 years of history, lending institutional credibility. Launched in January 2024, it has focused on distribution through traditional financial-advisory channels. Custodied by Coinbase and trading on CBOE BZX.

AUM$790.6M1.0% of the US spot market
BTC in Custody· as of Jul 2912,374$790.6M live value
Expense Ratio0.19%annual · on AUM
InceptionEne 2024CBOE BZX

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Net Flows

Source: Farside
Latest day+$0.0000
Month to date (MTD)−$2.1M
Year to date (YTD)−$4.0M
All-time since launch+$322.7M

Daily flows are refreshed every morning via automated scraping of Farside Investors. Positive flows = net capital inflows; negative flows = outflows.

Last updated: Jul 29, 2026, 11:57 PM

Fund Details

TickerEZBC
IssuerFranklin Templeton
ExchangeCBOE BZX
Reference indexCF Benchmarks Bitcoin Reference Rate — New York
CustodianCoinbase Custody
Inception dateEne 2024
Structure1933 Act ETF
TER (expense ratio)0.19% annual
Shares outstanding28.00M

Marketloading live…

Last session price
Intraday change
24h volume
Premium / Discount vs NAV

Weekly Net Flows

77 weeks · source: Farside
-$100M-$50M$0$50M$100MFeb 25May 25Aug 25Nov 25Feb 26May 26Jul 26
Net inflows Net outflowsHover: weekly detail

Bitcoin Exposure

Franklin Bitcoin ETF holds 12,374 in custody with Coinbase Custody. Each ETF share represents a proportional fraction of those Bitcoin, giving investors direct exposure to the BTC spot price without the operational risks of self-custody (wallets, private keys). The ETF tracks the BTC price via the CF Benchmarks Bitcoin Reference Rate — New York index.

Live BTC price: $63,896 · BTC value in custody today: $790.6M

Official DocumentationFranklin TempletonProduct page at the issuer and SEC prospectus

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Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.