Here are the 10-Q quarterly reports from Franklin Ethereum ETF (EZET) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EZET and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EZET filings page.
Franklin Ethereum Trust (EZET), whose sole series is the Franklin Ethereum ETF, reported results for the quarter ended June 30, 2026 that mainly reflect ether price movements. The Fund held 20,464.3242 ether worth $32.6 million at fair value versus cost of $69.2 million, resulting in net assets of $32.6 million and 2.7 million shares outstanding.
Net asset value per share fell from $15.94 to $12.07, a total return at NAV of -24.28%, closely tracking ether’s decline from $2,101.84 to $1,593.01. The Fund recorded a net decrease in net assets from operations of $10.6 million, driven by $10.6 million in net realized and unrealized losses on ether and a $19,638 Sponsor’s fee. The unitary expense ratio remained low at an annualized 0.19%. Shares saw net creations of 50,000, adding about $1.0 million in capital.
Franklin Ethereum Trust (EZET) reported strong Q2 FY2026 results tied to ether price gains. Net assets were $90,925,327 as of September 30, 2025, with NAV per Share $31.35 and 2,900,000 shares outstanding. The Fund held 22,020.1883 ether valued at $90,961,875 on the same date.
Performance was driven by market appreciation: the quarter showed a total return at NAV of 65.09%, reflecting $26,892,862 in net realized and unrealized gains and a $26,856,312 increase in net assets from operations. For the six months ended September 30, 2025, total return at NAV was 124.89%.
Primary flows came through the ETF creation/redemption mechanism. In the quarter, the Fund recorded $51,841,850 in creations and $22,896,308 in redemptions; for six months, creations were $59,957,569 and redemptions $24,680,879. The only recurring expense is the 0.19% annual Sponsor’s fee; $36,550 was accrued in the quarter, paid by selling small amounts of ether. The Trust is a grantor trust and an emerging growth company. As of November 4, 2025, the registrant reported 2,700,000 shares outstanding.