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 is a crypto-focused fund issued by Franklin Templeton Investments with $434 million in assets under management. It holds an ETFValuer grade of F, placing it sixth out of eleven funds in its category and 446th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.19%, which is lower than the category median of 0.25%. It provides no dividend income, matching the 0.00% yield seen across the rest of the crypto category. Holdings data is not available for this vehicle.

The fund’s price of $45.30 sits at 29.8% of its 52-week range, reflecting a recent one-day decline of 1.80% and a weekly drop of 0.57%. Despite short-term weakness, the fund has posted strong gains over longer horizons, including a 20.70% rise in the past month and a 23.67% increase over three months. This recent momentum contrasts with a year-to-date loss of 12.73% and a one-year return of -29.89%, which is nearly identical to the category median of -29.91%. The rating has remained unchanged at grade F for the last 35 tracked days. Any assessment of its three-year record is limited by the fact that only 2.6 years of price history exist.

With an annualized volatility of 45.11%, the fund is classified as Very High risk. It has experienced a maximum drawdown of -53.35%, indicating significant historical downside exposure. The Sharpe ratio of -0.77 suggests that risk-adjusted returns have been negative during the measured period. Liquidity is moderate, with an average daily volume of 149,180 shares and a bid-ask spread of 0.57%. Beta data is not available for this fund.

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

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — 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): 15.30 (as of 2026-09-07) — 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: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EZBC Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.57% and average daily volume is 149K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $434M 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