WikiBit 2025-12-04 10:39The Franklin Solana ETF has received final approval from NYSE Arca for listing and trading under the ticker SOEZ, providing investors with a low-cost
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NYSE Arca Approves Franklin Solana ETF, Signaling Potential Trading Launch Soon
The Franklin Solana ETF has received final approval from NYSE Arca for listing and trading under the ticker SOEZ, providing investors with a low-cost option to gain exposure to Solana. This ETF tracks the CF Benchmarks Solana Index with a 0.19% fee, waived on the first $5 billion in assets until May 2026, amid growing institutional interest in Solana products.
What is the Franklin Solana ETF and Why Does Its Approval Matter?
The Franklin Solana ETF is a passively managed exchange-traded fund that tracks the performance of the CF Benchmarks Solana Index, offering U.S. investors direct exposure to Solana‘s native cryptocurrency, SOL. Approved by NYSE Arca for listing and trading under the ticker SOEZ, this development completes the final regulatory hurdle, allowing the fund to launch imminently following Franklin Templeton’s recent SEC filings. This approval underscores the increasing mainstream acceptance of Solana-based products in traditional financial markets, joining six other Solana ETFs already available to investors.
How Does the Fee Structure of the Franklin Solana ETF Compare to Competitors?
The Franklin Solana ETF features a management fee of just 0.19%, which is among the lowest in its category and undercuts many rivals. Franklin Templeton has committed to waiving fees entirely on the first $5 billion in assets under management through May 31, 2026, making it highly attractive for cost-conscious investors. This structure aligns with broader trends in the ETF space, where low fees drive inflows; for context, similar Solana ETFs from providers like Bitwise and VanEck charge between 0.19% and 0.95%. According to data from financial analysts at Bloomberg, such competitive pricing could capture significant market share as Solana‘s network grows, evidenced by its high transaction throughput exceeding 65,000 per second. Experts like Roger Bayston, President of Franklin Templeton’s Digital Assets division, have highlighted the fund‘s design to capitalize on Solana’s “real-world adoption at scale,” including its use in decentralized finance and non-fungible tokens.
NYSE Arca clears the Franklin Solana ETF for trading as SOEZ, offering a low-fee Solana fund while institutional activity and new SOL products expand.
NYSE Arca has approved the listing and registration of the Franklin Solana ETF, marking the final step before trading begins. The move places the asset manager among firms expanding their Solana product lines as interest in crypto-based funds grows in the US market.
????BREAKING: SEC filings show NYSE Arca has approved the listing and registration of the Franklin Templeton Franklin Solana ETF, the final step before trading begins. pic.twitter.com/PVcwtqcLQ8
— SolanaFloor (@SolanaFloor) December 2, 2025
The approval places Franklin Templeton among asset managers offering Solana products in the United States. When trading begins, the fund will join six existing Solana ETFs available to US investors. This follows the companys recent launch of its XRP ETF, which also trades on NYSE Arca. The firm said interest in networks with wide use cases continues to grow, with Roger Bayston noting strong demand for assets that show “real-world adoption at scale.”
The category has seen active flows this week. Recent data recorded the largest daily net outflow of $13.55 million, driven mostly by a $32.54 million withdrawal from the 21Shares TSOL fund. Yet earlier activity showed rising demand, with $53 million in inflows reported on November 25.
Product Details and Expanding Institutional Activity
The Franklin Solana ETF will carry a 0.19% management fee. The company also plans to waive all fees on the first $5 billion in assets under management until May 31, 2026. This fee structure places the fund among the lowest-cost options in the Solana ETF category. The product stands alongside offerings from Bitwise, Fidelity, VanEck, and Grayscale.
Institutional interest in Solana continues to grow outside ETFs. Forward Industries recently partnered with Sanctum to issue fwdSOL, a liquid staking token designed to support staking rewards while using DeFi strategies. The firm converted 1.7 million SOL into fwdSOL under this new arrangement.
In addition, Upexi completed a private placement of about $10 million to support its Solana strategy. With new approvals and ongoing market activity, Solana-related products continue to expand their presence across regulated platforms.
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