Franklin Templeton Files S-1 for Spot Solana ETF with SEC
- Franklin Templeton has filed an S-1 registration statement with the SEC.
- The firm aims to launch a spot Solana (SOL) exchange-traded fund (ETF).
- A Delaware trust, named Franklin Solana Trust, was registered to facilitate this ETF.
- Franklin Templeton manages over $1.46 trillion in assets.
- This filing aligns with similar efforts by firms like Canary Capital, Grayscale, and Bitwise.
Franklin Templeton’s S-1 filing with the SEC marks a significant step towards launching a spot Solana ETF, leveraging its substantial asset management portfolio of over $1.46 trillion.
Source (2.6)https://coingape.com/franklin-templeton-files-s-1-to-launch-spot-solana-etf-with-us-sec/?rand=24432
