Franklin Bitcoin ETF (EZBC)Digital Assets | Exchange Traded Fund | Cboe US
35.94 USD
-0.99
(-2.681%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 35.69 -0.25 (-0.252%) ⇩ (July 13, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:12 a.m. EDT
The Franklin Bitcoin ETF presents a classic case of a volatile asset caught in a defensive posture. While the underlying business logic—exposure to Bitcoin via a structured vehicle—is sound, the execution metrics tell a different story. The price action over the last two weeks shows a distinct downward drift, closing near the 52-week low of $33.50, which suggests immediate selling pressure. This weakness is confirmed by the options data, where traders are aggressively buying puts to protect against further declines, while call volume is negligible. The statistical forecast model offers only a weak, low-confidence lean upward, which is insufficient to counteract the visible downside momentum. Furthermore, the absence of any dividend history eliminates a key income floor, leaving the investment entirely dependent on capital appreciation in a currently bearish sentiment environment. Until the price stabilizes above the 50-day average and the options skew shifts toward bullish speculation, the risk-reward profile remains skewed against the buyer. |
| Model | MAE |
|---|---|
| MSTL_104 ✓ | 0.090978 |
| AutoETS | 0.101691 |
| AutoARIMA | 0.101692 |
| MSTL | 0.101706 |
| AutoTheta | 0.109348 |
Forecast horizon: 60 days | Selected: MSTL_104
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 1.72 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.057 |
| Excess Kurtosis | -1.41 |
As of July 11, 2026, 5:12 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes below the current price (35.00 and 36.00) across multiple expirations, creating a significant downside hedge. Call activity is sparse and concentrated near the money, while implied volatility remains extremely low (near zero) for longer-dated contracts, indicating a lack of speculative fervor and a market pricing in a flat or slightly lower range.
| Attribute | Value |
|---|---|
| All Time High | 73.16 |
| All Time Low | 22.414 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 139,090 |
| Average Daily Volume3 Month | 185,442 |
| Average Volume | 185,442 |
| Average Volume10Days | 139,090 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,500 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.2801 |
| Day Low | 35.7201 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 40.26 |
| Fifty Day Average Change | -4.3199997 |
| Fifty Day Average Change Percent | -0.10730253 |
| Fifty Two Week Change Percent | -46.840363 |
| Fifty Two Week High | 73.16 |
| Fifty Two Week High Change | -37.220005 |
| Fifty Two Week High Change Percent | -0.508748 |
| Fifty Two Week Low | 33.5 |
| Fifty Two Week Low Change | 2.4399986 |
| Fifty Two Week Low Change Percent | 0.07283578 |
| Fifty Two Week Range | 33.5 - 73.16 |
| First Trade Date Milliseconds | 1,704,983,400,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Franklin Templeton Investments |
| Fund Inception Date | 1,704,931,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-11 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Franklin Bitcoin ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1855563173 |
| Nav Price | 36.5186 |
| Net Assets | 331,885,120.0 |
| Net Expense Ratio | 0.19 |
| Open | 36.08 |
| Post Market Change | -0.25249863 |
| Post Market Change Percent | -0.702556 |
| Post Market Price | 35.6875 |
| Post Market Time | 1,783,987,070 |
| Previous Close | 36.93 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.990002 |
| Regular Market Change Percent | -2.68075 |
| Regular Market Day High | 36.2801 |
| Regular Market Day Low | 35.7201 |
| Regular Market Day Range | 35.7201 - 36.2801 |
| Regular Market Open | 36.08 |
| Regular Market Previous Close | 36.93 |
| Regular Market Price | 35.94 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 103,856 |
| Short Name | Franklin Templeton Digital Hold |
| Source Interval | 15 |
| Symbol | EZBC |
| Total Assets | 331,885,120 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.64466 |
| Trailing Three Month Returns | -13.64466 |
| Triggerable | 1 |
| Two Hundred Day Average | 48.083015 |
| Two Hundred Day Average Change | -12.143017 |
| Two Hundred Day Average Change Percent | -0.25254273 |
| Type Disp | ETF |
| Volume | 103,856 |
| Yield | 0.0 |
| Ytd Return | -32.94976 |