Franklin Templeton has added to the list of companies approved for the Solana Spot Exchange-Treded Fund.
On February 11, $ 1.5 trillion asset manager Filed The delaware is looking to bring the Salana (Sol) spot ETF to the US market for a Franklin Solan Trust, joining other firms. The registration is the AltCoin ETF applications which enters the franklin templates officially in a quick heating place.
Franklin’s filing in delaware indicates on a spot ETF filing, it is a process that other issuers have followed before. Should this be that Franklin will be included in canary, grayscale, 21shares, vaneck and bitwaiz, which are in the race to bring Sol ETF to the market.
In particular, Franklin has filed documents for the Solana Trust, there is no surprise. The asset manager expressed the AA Bullish approach to Sol in early July 2024.
The company said at the time that Solana is one of the “other exciting” crypto projects that can run adopted with bitcoin and atherium. A factor for Solna signaling maturity is the network of the first network of technological development pain.
After the Spot ETF approved for Bitcoin (BTC) and Ethereum (Eth) in 2024, the US Securities and Exchange Commission has indicated a possible additional additional additional products for Litcoin and Solan ETF applications for Litcoin and Solana ETF applications. .
The SEC recently confirmed the applications of Grassscale and Canary for the list of exchange-traded funds on two altcoins.
Indeed, Bloomberg Analysts James Safart and Eric Balchunus point 90% of the possibility that the regulator will give a Litcoin ETF a node.
The LTC price has increased between the expectations.
