Franklin Bitcoin ETF (EZBC)
Franklin Bitcoin ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $48.54, down 0.49% on the session, giving a market capitalisation of $582.0M. Its beta of 2.17 implies it has historically moved more than the broad market.
The shares are intended to offer a convenient means of making an investment similar to an investment in bitcoin relative to acquiring, holding and trading bitcoin directly on a peer-to-peer or other basis or via a digital asset exchange. The shares have been designed to remove obstacles associated with the complexities and operational burdens involved in a direct investment in bitcoin by providing an investment with a value that reflects the price of the bitcoin owned by the fund at such time, less the fund’s expenses.
Franklin Bitcoin ETF is most often compared with the following Financial Services names: