Franklin Templeton joins Solana ETF race with SOEZ – Details here!
The post Franklin Templeton joins Solana ETF race with SOEZ – Details here! appeared on BitcoinEthereumNews.com. The institutional race to capture the Solana market has intensified with Franklin Templeton, managing over $1.6 trillion in assets, announcing the launch of the Franklin Solana ETF. This new Exchange-Traded Product (ETP) will offer investors direct exposure to the price movements of the Solana [SOL] token. With this launch, Franklin Templeton will join five other major firms, including VanEck, Grayscale, Bitwise, Fidelity, and 21Shares, which have already debuted similar products. Details of Franklin Solana ETF The Franklin Solana ETF(SOEZ) is designed to go beyond simple price tracking. Instead, it incorporates one of Solana’s core features: staking. Under the plan, the Fund will stake up to 100% of its Solana holdings where possible. This approach allows the ETF to capture not only the performance of the SOL token price, but also the rewards generated through staking. These rewards, distributed as new SOL tokens, are expected to be treated as income for the Fund. As a result, investors may benefit from potentially enhanced returns. Importantly, staking also strengthens the Solana blockchain itself. By participating in the process, the Fund contributes directly to the network’s security and stability. For valuation, the cash value of the Fund’s Solana holdings is measured using a recognized institutional benchmark: the CME CF Solana‑Dollar Reference Rate, New York Variant. As of now, the ETF is officially listed and traded on NYSE Arca. Execs weighing in Remarking on the same, David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, said, “SOEZ offers exposure to Solana, a network that has seen significant adoption, and delivers it through a transparent ETP structure that fits seamlessly into existing investment workflows.” Echoing similar sentiments on Solana, Roger Bayston, Head of Digital Assets at Franklin Templeton, added, “Solana is becoming a core layer of the digital economy.” Solana ETF analysis Despite the institutional enthusiasm…
BitcoinEthereumNews2025/12/05 11:44