EZBC
Franklin Bitcoin ETF
📎 Investment Objective
The Franklin Bitcoin ETF (EZBC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Bitcoin Index.
Overview
ETF tracking Franklin Bitcoin ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin Bitcoin ETF (EZBC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Bitcoin Index.
🎯 Investment Strategy
The ETF invests primarily in bitcoin futures contracts traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC). The fund may also invest in bitcoin-linked exchange-traded products and bitcoin trusts to gain exposure to the price of bitcoin.
✨ Key Features
- Provides exposure to the price of bitcoin through futures contracts and other bitcoin-linked instruments
- Aims to track the performance of the Solactive Bitcoin Index, which measures the performance of bitcoin
- Actively managed fund that can adjust its bitcoin exposure based on market conditions
- Expense ratio of 0.00%, making it one of the lowest-cost bitcoin-focused ETFs
⚠️ Primary Risks
- Significant volatility and potential for large losses in the price of bitcoin and bitcoin-linked instruments
- Risks associated with the use of futures contracts, including potential for losses greater than the amount invested
- Potential lack of liquidity in the bitcoin futures market
- Risks related to the emerging and speculative nature of the cryptocurrency market
👤 Best For
The Franklin Bitcoin ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the price of bitcoin as part of a diversified portfolio. Investors should have a long-term investment horizon and be prepared for significant volatility in the value of their investment.