U.S. SEC Seeks Public Comment on Franklin Templeton XRP/SOL ETF Proposal

YM Lee

Summary

The U.S. SEC has announced it will collect public feedback on Franklin Templeton's XRP and Solana exchange-traded fund (ETF) proposal.
The SEC reports that it is officially receiving comments from stakeholders about proposed ETF rule changes and related matters.
It is anticipated that after the SEC’s announcement, the ETF approval decision deadline will be pushed back to July.

The U.S. Securities and Exchange Commission (SEC) is accepting public comments on the exchange-traded funds (ETF) for XRP and Solana proposed by Franklin Templeton.

According to a Cointelegraph report on the 18th (local time), the SEC stated in submitted documents that it is soliciting feedback from stakeholders regarding proposed rule changes related to Franklin Templeton's XRP and Solana ETFs.

If the SEC's notice is published in the Federal Register, the deadline for determining whether Franklin Templeton's ETFs will be approved is expected to be postponed to around July.

SOL

XRP