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The post Franklin Templeton Files for Franklin Solana Trust, Solana Spot ETF Soon? appeared first on Coinpedia Fintech News
In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF. This signals that a spot ETF filing may be coming, as this was the process followed by Bitwise and other ETF filings. The move signals its entry into the application process for a Solana spot ETF. Previously, the Solana spot ETF filings from CANARY and Grayscale have been confirmed by the SEC.
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