Franklin Breaks Past BTC and ETH Walls With XRP and SOL Driving ETF Expansion

BTC-5,34%
ETH-6,79%
XRP-4,33%
SOL-5,1%

Franklin Templeton expanded its crypto ETF beyond bitcoin and ether by adding XRP and solana alongside other major tokens, signaling a shift toward broader market exposure and rising demand for assets tied to real-world utility and diversified blockchain use cases.

Franklin Crypto Index ETF Expands Asset Mix

Franklin Templeton announced on Dec. 2 that its Franklin Crypto Index ETF (Cboe: EZPZ) has broadened its digital asset lineup after the latest revision to the CF Institutional Digital Asset Index – US-Settlement Price. The ETF, previously centered on bitcoin and ether, now includes XRP, SOL, DOGE, ADA, XLM, and LINK.

The announcement states:

In addition to bitcoin and ether, EZPZ now incorporates XRP, solana, dogecoin, cardano, stellar lumens, and chainlink.

David Mann, head of ETF Product and Capital Markets at Franklin Templeton, explained that the wider index enables the ETF to capture a larger segment of the crypto market while preserving operational clarity. Roger Bayston, head of Digital Assets, noted that investors increasingly evaluate networks with real-world adoption, strong community, or functional utility, underscoring that the expanded index reflects a broader range of blockchain use cases.

Franklin Breaks Past BTC and ETH Walls With XRP and SOL Driving ETF ExpansionFranklin Crypto Index ETF (EZPZ) holdings as of Dec. 2, 2025. Source: Franklin Templeton Read more: Grayscale and Franklin Load XRP ETFs for Launch—Ripple CEO Sees Pre-Thanksgiving Rush

The announcement followed a Nov. 24 filing with the U.S. Securities and Exchange Commission (SEC) detailing EZPZ’s shift from a bitcoin-and-ether structure to a broader asset mix effective Dec. 1. The filing states that the fund will invest in bitcoin, ether, XRP, solana, dogecoin, cardano, stellar lumens, and chainlink in weights that mirror those of the index. The SEC filing confirms that the benchmark will maintain quarterly rebalancing and that authorized participants will access in-kind creations and redemptions, which may strengthen liquidity. While critics caution that expanding beyond bitcoin and ethereum introduces dispersion risk, proponents argue that diversified crypto exposure enhances market representation and lowers concentration in any single asset.

FAQ

  • What new assets were added to Franklin Templeton’s EZPZ ETF?

The ETF now includes XRP, solana, dogecoin, cardano, stellar lumens, and chainlink.

  • Why did Franklin Templeton expand the EZPZ index?

The firm says the broader index captures more of the crypto market while maintaining operational clarity.

  • When did the updated asset mix for EZPZ take effect?

The transition became effective on Dec. 1 following an SEC filing.

  • How often will the expanded index be rebalanced?

The benchmark will continue quarterly rebalancing according to the filing.

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