Franklin Templeton has officially submitted an S-1 filing with the SEC for a Solana-based spot ETF, expanding its crypto investment offerings.
The SEC’s decision on Solana ETF approval could influence institutional adoption, with potential roadblocks delaying or preventing its launch.
Franklin Templeton has again piqued interest with its latest entry in the digital asset space. To start a Solana-based ETF, the investment management company officially filed an S-1 paperwork with the US Securities and Exchange Commission (SEC).
Should authorized, this might be among the most significant developments in the crypto space following the general acceptance of ETFs based on Bitcoin and Ethereum.
Source: US SEC
Franklin Templeton’s New Ambitions in Solana
Franklin Templeton had before started the Franklin Crypto Index ETF (EZPZ) on February 20, 2025. This product allocates 82% to Bitcoin and 18% to Ethereum, therefore exposing the spot prices of Bitcoin and Ethereum. Coinbase was named