EZBC — Franklin Bitcoin ETF

EZBC Price Performance — Growth of $10,000

Value of a $10,000 investment in EZBC over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

EZBC Drawdown

The "underwater" chart: EZBC's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Franklin Bitcoin ETF (EZBC) is a crypto-focused fund issued by Franklin Templeton, Inc, with assets under management totaling $469 million. It holds an ETFValuer grade of F, reflecting a score of 35.1 out of 100, and ranks 6th among 11 similar funds in its category. The fund’s expense ratio of 0.19% sits below the category median of 0.25%, though it offers no dividend yield compared to the category median of 1.88%. Holdings breakdown data is not available for this fund. Its overall standing is #437 out of 458 tracked ETFs across all categories.

Price action shows the fund trading at $46.87, which places it at 39.7% of its 52-week range between $33.50 and $67.19. Short-term returns have been negative, with declines of 0.23% over one day and 0.40% over one week, while the one-month period saw a 3.92% drop. Conversely, the three-month horizon delivered a 25.02% gain, contrasting with a 4.43% increase over six months. Year-to-date performance stands at -9.71%, and the one-year return of -24.88% is nearly identical to the category median of -24.91%. The rating has remained at grade F for the last 35 tracked days, and the analysis is limited by only 2.8 years of price history.

The fund exhibits a volatility of 44.86% annualised, which is labelled as Very High. A Sharpe ratio of -0.67 indicates poor risk-adjusted returns relative to the risk taken. The maximum drawdown recorded is -53.35%, highlighting significant potential for loss. Beta data is not available, so the fund's sensitivity to broader market movements cannot be quantified from the provided metrics. Liquidity is evidenced by an average daily volume of 128,873 shares.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EZBC Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 129K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $469M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EZBC is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

EZBC Performance History

How EZBC Compares to Other Crypto ETFs