Key Takeaways
- • Franklin Bitcoin ETF (EZBC) reported a 41.55% increase in NAV per share for the quarter, versus 5.17% a year earlier, driven by bitcoin price appreciation.
- • The Fund held 5,603.6080 bitcoins valued at $469.0M as of September 30, 2026, according to its 10-Q filing.
- • Bitcoin rose 41.62% in the quarter, from $59,101.49 to $83,697.25 per unit.
- • The Fund issued 700,000 shares and redeemed 800,000 shares during the quarter, a net reduction in shares outstanding.
- • The Sponsor's fee accrued at an annualized rate of 0.19% of net asset value, totaling $189,424 for the period.
Summary
Franklin Templeton Digital Holdings Trust's Franklin Bitcoin ETF (ticker EZBC) reported higher net assets from operations year over year in its third-quarter 2026 Form 10-Q, filed with the SEC on November 13, 2026. The primary driver was bitcoin price appreciation. The Fund's net asset value per share rose 41.55% in the period, compared with 5.17% in the prior-year comparable period.
As of September 30, 2026, the Fund held 5,603.6080 bitcoins with a reported value of $469.0M. Bitcoin itself rose 41.62% during the quarter, moving from $59,101.49 per unit at the start of the period to $83,697.25 at quarter end. The Fund's holdings therefore tracked the underlying asset closely, with no indication in the filing of material deviation from spot performance.
Share activity during the quarter was net negative. The Fund issued 700,000 shares and redeemed 800,000 shares. For allocators monitoring flows into spot bitcoin vehicles, the quarter reflected modest net redemptions alongside strong price gains.
Fund expenses were driven by the Sponsor's fee, which accrued at an annualized rate of 0.19% of net asset value. The fee totaled $189,424 for the 2026 period. The filing summary notes that all information is drawn from SEC documents and is an AI-generated summary; readers should consult the original filing for verification.
As of September 30, 2026, the Fund held 5,603.6080 bitcoins with a reported value of $469.0M. Bitcoin itself rose 41.62% during the quarter, moving from $59,101.49 per unit at the start of the period to $83,697.25 at quarter end. The Fund's holdings therefore tracked the underlying asset closely, with no indication in the filing of material deviation from spot performance.
Share activity during the quarter was net negative. The Fund issued 700,000 shares and redeemed 800,000 shares. For allocators monitoring flows into spot bitcoin vehicles, the quarter reflected modest net redemptions alongside strong price gains.
Fund expenses were driven by the Sponsor's fee, which accrued at an annualized rate of 0.19% of net asset value. The fee totaled $189,424 for the 2026 period. The filing summary notes that all information is drawn from SEC documents and is an AI-generated summary; readers should consult the original filing for verification.
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