The Franklin Crypto Index ETF will add Cardano and other altcoins on December 1, 2025. This expands holdings beyond Bitcoin and Ethereum.
The Franklin Crypto Index ETF (CBOE BZX: EZPZ) will expand its holdings. It will contain Cardano (ADA) and a number of other digital assets. These changes will come into effect on December 1, 2025. Previously, the fund was only available in Bitcoin and Ethereum. This represents a major diversification for the ETF.
Cardano Joins Diversified Crypto ETF Portfolio
Cardan ($ADA) was recently added to ‘ISO 20022 compliant’ category on CoinMarketCap. In that list Cardon is the second largest by market cap. It is directly behind $XRP. ISO 20022 is an international message standard. Banks and TradFi institutions are utilizing it for payments and financial transactions.
Along with Bitcoin and Ethereum, the ETF will be spurred by XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Stellar Lumens (XLM) and Chainlink (LINK). This greatly diversifies the fund into the altcoin market.
The changes are made in accordance with changes to the fund’s underlying index. This is the CF Institutional Digital Asset Index – US- Settlement Price. This ensures the ETF resembles current market trends.
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New rules make the expansion possible, and Cboe BZX Exchange adopted them. Moreover, these rules open the door for broader asset inclusion. Consequently, funds can now diversify their holdings more effectively. The SEC also approved them. These rules enable the fund to host a larger variety of digital assets. This helps to alleviate the previous restrictions.
The fund’s underlying index, the CF Institutional Digital Asset Index, will now add these new digital assets. The ETF will invest in these assets. As such, it will retain roughly the same weightings as the index. This is to ensure consistency with the benchmark.
Regulatory Shifts Fuel Broader Altcoin ETF Offerings
Cboe BZX Exchange adopted new rules, and the SEC approved them. As a result, these rules allow funds to hold a broader range of digital assets. Moreover, the assets must appear in their underlying indexes to qualify. Consequently, the changes create a clearer path for diversified crypto ETFs. This indicates a friendlier regulatory environment for various crypto products.
The current last reported price for the Franklin Crypto Index ETF (EZPZ) was $23.3852. This gives a picture of the current market for potential investors. As of November 25, 2025, Cardano’s price is approximately $0.4282. This puts the value of the individual asset in context with the market as a whole.
The addition of more assets comes with a rising number of crypto ETFs being offered. This includes new single-asset XRP ETFs from Franklin Templeton and Grayscale. These were also due for release in late November 2025. This trend reflects a growing interest and diversification in crypto investment vehicles at the institutional level.
The rise of the ETF is a significant move towards diversifying exposure to crypto. By adding ADA and several major altcoins, Franklin places EZPZ in a position to monitor the changing market demand and regulatory openness. The move is also in line with increasing institutional interest, as evidenced by new single-asset products across the sector. As the options for diversified ETFs have increased, investors have more access to the altcoin market through regulated channels.