The Chicago Board Options BZX Exchange (CBOE)Sol) Funds exchanged by exchange (ETF) in the United States.
According to March 12 FileThe proposed ETF of Franklin Templeton will hold the spot Sol, and Filing has encouraged the Securities and Exchange Commission to allow funds to promote its underlying crypto for further rewards.
“The solution of the SOL funding will take the right of funds to release additional SOL, an act that is similar to an ETP equity that has refused dividends from its companies,” the filing of the filing.
Franklin Templeton registered a trust in Solana On February 10, joined the rank of Grayscale, Bitwise, Vaneck, 21shares and Canary Capital, all of which have applied to list Solana-based investment vehicles.
Solana is one of the digital assets named by US president Donald Trump Integration with US Crypile Stockpile Before pulling back to Include only tokens seized by implementation actions.
The Solana ETF application filed on behalf of Franklin Templeton. Source: Cboe
Related: Franklin Templeton launched the US Gov’t Money Fund in Solana
Decisions in Crypto ETFs are delayed
Resignation to former SEC Chair Gary Gensler in January 2025 Sparks a river of filing crypto etfAmong some Solana -based products from asset managers expect a more relaxed regulatory climate.
However, on March 11, the SEC announced that it had The decision was delayed In many ETFs of Altcoin, including applications for Solana, Litecoin (LTC), Dogecoin (Doge) and XRP (XRP) products.
The financial regulator said it takes more time to assess the changing rule to approve the proposals.
According to Bloomberg ETF analyst James Seyffart, this expanded adjustment is a standard method, and he Argued That it does not affect the high probability of ETF applications approved.
The analyst added that the final approved deadline for these Altcoin ETFs is not until October 2025.
Franklin Templeton CEO Jenny Johnson believes the Trump administration will follow the president’s pro-crypto agenda and Include traditional crypto financial systems.
“I think it is likely that the ETFs and funds of one interview.
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