On this page of Benford's Law Stocks.com we present our study of FRANKLIN ETHEREUM TRUST — ticker symbol EZET. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/14/2024 to 6/29/2026 for FRANKLIN ETHEREUM TRUST under CIK number 0002011535. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for EZET, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for FRANKLIN ETHEREUM TRUST based on the past EZET filings our system processed in the past.
32.8
20.0
10.1
12.1
2.0
5.7
10.1
4.9
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 405
Recent share count: 2,650,000 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
405
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
54

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was below the company's typical historical range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
EZET
Low score compared to other filers, falling in the bottom quartile.
Check our work! We provide our FRANKLIN ETHEREUM TRUST Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the EZET filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 133 numbers that start with the digit 1. Here they are:
1,550,000
15.94
13.94
100.02
100.02
100.00
11,780.2062
100.04
11,780.2062
100.04
100.00
108,260
108,260
108,260
10,724,721
16,238,402
17,233,952
17,242,876
10.85
17,242,876
10,724,721
16,238,402
108,260
10,724,721
16,238,402
17,242,876
100,000
100,000
100,000
100,000
100,000
100,000
19
19
10.0
108,260
1,550,000
1,750,000
100,000
1,750,000
1,550,000
100,000
100,000
100,000
11,780.2062
13,282.9028
110,406
10,724,721
13,300.0000
16,238,402
11,780.2062
100,000
100,000
100,000
13.94
12.26
12.27
15.94
13.94
14.35
19
19
19
19
100,000
100,000
100,000
1,550,000
15.94
13.94
100.02
100.02
100.00
11,780.2062
100.04
11,780.2062
100.04
100.00
108,260
108,260
108,260
10,724,721
16,238,402
17,233,952
17,242,876
10.85
17,242,876
10,724,721
16,238,402
108,260
10,724,721
16,238,402
17,242,876
100,000
100,000
100,000
19
19
10.0
108,260
1,550,000
1,750,000
100,000
1,750,000
1,550,000
100,000
100,000
100,000
11,780.2062
13,282.9028
110,406
10,724,721
13,300.0000
16,238,402
11,780.2062
100,000
100,000
100,000
13.94
12.26
12.27
15.94
13.94
14.35
19
19
19
19
100,000
100,000
100,000
1
1
We found 81 numbers that start with the digit 2. Here they are:
2,700,000
21,614,322
21,614,322
21,605,398
2,650,000
20,095.4606
21,614,322
21,614,322
21,605,398
2,746,623
2,746,623
2,146
28,711,625
28,711,625
21,605,398
2,621,065
2,746,623
28,711,625
21,605,398
25.00
2,619,241.20
25.00
2,619,241.20
2,850,000
2,650,000
2,620,289
25.00
2,619,241.20
21,614,322
21,636.6183
2,746,623
20,095.4606
2,621,065
2,279.7938
21,614,322
25.00
2,619,241.20
26.21
2.04
2.00
25
2,619,241.20
21,614,322
21,614,322
21,605,398
2,650,000
20,095.4606
21,614,322
21,614,322
21,605,398
2,746,623
2,746,623
2,146
28,711,625
28,711,625
21,605,398
2,621,065
2,746,623
28,711,625
21,605,398
25.00
2,619,241.20
2,850,000
2,650,000
2,620,289
25.00
2,619,241.20
21,614,322
21,636.6183
2,746,623
20,095.4606
2,621,065
2,279.7938
21,614,322
25.00
2,619,241.20
26.21
2.04
2.00
25
2,619,241.20
We found 41 numbers that start with the digit 3. Here they are:
37,851,948
37,851,948
37,851,948
35,753
3.33
36,227,209
36,227,209
36,227,209
380
3,446.37
380
3,446.37
38,847,498
300,000
38,847,498
380
3,446.37
38.4611
380
3,446.37
380
3,446.37
37,851,948
37,851,948
35,753
3.33
36,227,209
36,227,209
36,227,209
380
3,446.37
38,847,498
300,000
38,847,498
380
3,446.37
38.4611
380
3,446.37
380
3,446.37
4's 5's 6's
We found 49 numbers that start with the digit 4. Here they are:
42,237,443
42,237,443
42,230,665
42,237,443
42,237,443
42,230,665
44,677
42,553,442
47,088,359
42,553,442
46,977,953
42,553,442
46,977,953
42,230,665
4,000
4,000
46,977,953
42,553,442
4,000
46,977,953
42,237,443
42,553,442
4,000
46.81
4,000
42,237,443
42,237,443
42,230,665
42,237,443
42,237,443
42,230,665
44,677
42,553,442
47,088,359
42,553,442
46,977,953
42,553,442
46,977,953
42,230,665
4,000
46,977,953
42,553,442
4,000
46,977,953
42,237,443
42,553,442
4,000
46.81
4,000
We found 8 numbers that start with the digit 5. Here they are:
50,000
500,000
500,000
500,000
50,000
500,000
500,000
500,000
We found 23 numbers that start with the digit 6. Here they are:
6,778
6,778
69,199,790
69,199,790
69,199,790
6,778
6,326,233
6,326,233
6,326,233
67,559,123
6,326,233
6,326,233
6,778
6,778
69,199,790
69,199,790
6,778
6,326,233
6,326,233
6,326,233
67,559,123
6,326,233
6,326,233
7's 8's 9's
We found 41 numbers that start with the digit 7. Here they are:
7,978,098
75,689,578
75,689,578
75,689,578
760
760
760
760
760
760
75,689,578
760
760
760
75,689,578
760.0000
760
760
760
760
760
760
7,978,098
75,689,578
75,689,578
75,689,578
760
760
760
75,689,578
760
760
760
75,689,578
760.0000
760
760
760
760
760
760
We found 20 numbers that start with the digit 8. Here they are:
8,924
8,924
8,924
8,924
8,924
8,086,358
8,086,358
8,924
8,924
8,086,358
8,924
8,924
8,924
8,924
8,924
8,086,358
8,086,358
8,924
8,924
8,086,358
We found 9 numbers that start with the digit 9. Here they are:
91,611,000
995,550
995,550
995,550
995,550
995,550
995,550
995,550
995,550
While the above EZET 10K Filed 6/29/2026 is interesting in isolation, we have found that it is also useful to take a look at older FRANKLIN ETHEREUM TRUST filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 6/29/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical EZET 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

32.8
20.0
10.1
12.1
2.0
5.7
10.1
4.9
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 405

= Typical EZET range from 8/14/2024 to 6/29/2026
44.2
8.5
13.6
6.5
7.0
3.0
4.0
13.1
0.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 0
XBRL?   [ original filing ]
Total numbers found: 199

= Typical EZET range from 8/14/2024 to 6/29/2026
36.0
12.1
25.1
4.9
4.9
8.1
8.9
0.0
0.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 9
XBRL?   [ original filing ]
Total numbers found: 247

= Typical EZET range from 8/14/2024 to 6/29/2026
26.0
22.7
12.5
9.7
6.4
5.4
6.0
8.6
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 534

= Typical EZET range from 8/14/2024 to 6/29/2026
31.5
17.1
14.4
9.7
3.1
3.9
10.9
6.2
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 61
XBRL?   [ original filing ]
Total numbers found: 257

= Typical EZET range from 8/14/2024 to 6/29/2026
26.8
29.5
18.8
6.2
4.5
0.0
14.3
0.0
0.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 1
XBRL?   [ original filing ]
Total numbers found: 224

= Typical EZET range from 8/14/2024 to 6/29/2026
27.0
21.8
20.4
5.8
6.3
5.4
7.0
1.3
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 445

= Typical EZET range from 8/14/2024 to 6/29/2026
29.7
19.2
11.8
18.0
5.0
1.9
9.0
5.0
0.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 37
XBRL?   [ original filing ]
Total numbers found: 323

= Typical EZET range from 8/14/2024 to 6/29/2026
 

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