Franklin Templeton, a leading asset management firm, has filed a proposal with the Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) focused on cryptocurrencies. The proposed Franklin Crypto Index ETF, trading under the ticker EZPZ, aims to provide investors with exposure to a range of digital assets included in the CF Institutional Digital Asset Index, developed by CF Benchmarks.

Initially, the ETF would include Bitcoin (BTC) and Ethereum (ETH), according to the filing submitted on Friday. Coinbase, the largest cryptocurrency exchange in the US, is set to serve as the custodian for the fund. Coinbase already handles digital assets for several top fund managers who have previously launched crypto ETFs.

Franklin Templeton joins a growing list of Wall Street firms venturing into cryptocurrency ETFs, having earlier introduced both Bitcoin and Ethereum spot ETFs. These products allow investors to access the two largest cryptocurrencies by market capitalization through shares traded on stock exchanges.

Recently, Franklin Templeton announced that its Nasdaq-listed OnChain U.S. Government Money Fund, FOBXX, is now available on the Arbitrum network. Arbitrum is the leading layer-2 scaling solution on the Ethereum network.

Franklin Templeton reportedly plans to launch a private altcoin-focused crypto fund aimed at institutional investors, potentially offering staking rewards. This move aligns with the firm’s ongoing commitment to expanding its digital asset offerings.