Franklin Templeton Files Final SEC Paperwork for Solana ETF After XRP Win
Franklin Templeton on Tuesday filed its final submission with the U.S. Securities and Exchange Commission for a Solana (SOL) exchange-traded fund, coming just after the asset manager’s XRP ETF began trading on the NYSE earlier in the week. The application marks a swift follow-up to the firm’s recent market entry and underscores growing institutional interest in single-asset crypto ETFs tied to major smart-contract platforms.
Approval is not guaranteed, but a cleared Solana ETF could expand retail and institutional access to SOL and potentially boost liquidity and price discovery. Observers say Franklin Templeton’s successful XRP debut may lend momentum to subsequent filings, though the SEC’s review timeline and market reaction will ultimately determine how meaningful this step becomes for Solana investors.