EZET
Franklin Ethereum ETF
📎 Investment Objective
The Franklin Ethereum ETF (EZET) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Ethereum NTR Index, which is designed to track the performance of Ethereum, the second-largest cryptocurrency by market capitalization.
Overview
ETF tracking Franklin Ethereum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin Ethereum ETF (EZET) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Ethereum NTR Index, which is designed to track the performance of Ethereum, the second-largest cryptocurrency by market capitalization.
🎯 Investment Strategy
The ETF invests primarily in Ethereum futures contracts traded on the Chicago Mercantile Exchange (CME) in order to gain exposure to the Ethereum cryptocurrency. The fund may also hold cash and cash equivalents to collateralize its futures positions.
✨ Key Features
- Provides exposure to Ethereum, the second-largest cryptocurrency, through futures contracts
- Seeks to track the performance of the Solactive Ethereum NTR Index
- Potentially suitable for investors seeking diversified exposure to the cryptocurrency market
- Actively managed by Franklin Templeton, a well-known asset management firm
⚠️ Primary Risks
- Cryptocurrency and futures market volatility, which can lead to significant price swings
- Potential tracking error between the fund's performance and the underlying index
- Liquidity risk, as the cryptocurrency futures market may have limited trading volume
- Counterparty risk associated with the futures contracts
👤 Best For
The Franklin Ethereum ETF may be suitable for investors with a high risk tolerance who are looking to gain exposure to the Ethereum cryptocurrency as part of a diversified portfolio. Investors should be aware of the heightened volatility and risks associated with the cryptocurrency and futures markets.