Franklin Templeton Registers Solana (SOL) Trust in Delaware, USA

JH Kim

Summary

Franklin Templeton has completed the registration of the 'Franklin Solana (SOL) Trust' in Delaware, USA.
This indicates that they have entered the process of applying for a SOL spot ETF.
It was added that Canary Fund and Grayscale have also submitted a request for review related to the Solana ETF to the SEC.

Leading cryptocurrency media Ublockchain reported on the 11th (local time) via X (formerly Twitter) that "Global asset manager and Bitcoin (BTC) spot ETF issuer Franklin Templeton has completed the registration of the 'Franklin Solana (SOL) Trust' entity in Delaware, USA."

It continued, "This indicates that they have entered the process of applying for a SOL spot ETF," adding, "Previously, Canary Fund and Grayscale also submitted a 19b-4 form (request for review) related to the Solana ETF to the SEC."