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Franklin Templeton launches its Solana ETF under ticker SOEZ
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Fund includes staking rewards for investors
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Solana adoption highlighted as part of growing digital economy
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Comes after competing Solana ETFs from crypto native issuers
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SEC approvals have accelerated under current administration
Franklin Templeton Expands Crypto ETF Lineup With Solana
Asset manager Franklin Templeton has launched a new Solana ETF, expanding its list of crypto related products and giving investors regulated exposure to SOL. The fund began trading on NYSE Arca under ticker SOEZ and includes staking rewards as part of its structure.
Executives said Solana’s speed and efficiency make it a core component of the digital economy, powering tokenization, finance applications, and high throughput onchain activity.
Growing Competition in the Solana ETF Market
The launch joins a crowded field of Solana ETFs from firms like Bitwise, Canary Capital, Grayscale, Fidelity, and VanEck. Several of these products also support staking, a feature that has become an important differentiator for investors seeking yield.
Recent months have seen a surge of new crypto ETFs across assets including Chainlink, XRP, DOGE, and SOL.
Supportive Regulatory Environment Speeds Approvals
Since the start of the current U.S. administration, the SEC has provided clearer digital asset guidance and implemented faster listing standards. SkyBridge’s Anthony Scaramucci praised Solana during a CNBC interview, calling it one of the blockchain winners of the next cycle.
