SEC Accepts Franklin Templeton’s Solana Spot ETF Application

In Brief:

The SEC has officially accepted Franklin Templeton’s application for a Solana (SOL) spot ETF.

This marks a key step toward potential approval, following Bitcoin and Ethereum spot ETFs.

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The U.S. Securities and Exchange Commission (SEC) has formally accepted Franklin Templeton’s application for a Solana (SOL) spot ETF, according to Cointelegraph. This development signals growing institutional interest in SOL-based investment products and could pave the way for more crypto ETFs.

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While acceptance means the review process has begun, final approval remains uncertain. However, with increasing demand for regulated crypto investment vehicles, Solana could follow Bitcoin and Ethereum in securing ETF approval.

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