Key Highlights
- Franklin Templeton submits final SEC filing for its Solana ETF, ticker SOEZ, signaling imminent launch.
- The ETF will passively track Solana using CF Benchmarks Index with a 0.19% fee and waived fees on first $5B until May 2026.
- Launch follows Franklin’s successful XRP ETF debut, amid growing institutional demand for altcoin ETFs.
Franklin Templeton has submitted a Form 8‑A to the U.S. Securities and Exchange Commission (SEC), marking the final regulatory step before launching its much‑anticipated Solana spot ETF.
The filing suggests that trading for the ETF, to be listed under the ticker SOEZ on NYSE Arca could begin as soon as the next trading day, pending clearance.
What’s happening and when
The 8‑A filing officially registers the Solana ETF under the Securities Exchange Act of 1934. In practice, this is often the “green light” for ETFs, once accepted, exchanges frequently list the fund immediately.
Because of that, many in the crypto world now expect the SOEZ ETF to begin trading very soon, potentially as early as today or tomorrow. The fund will charge a standard 0.19% fee, but all sponsor fees will be waived on the first $5 billion in assets until May 2026.
Product Details
This development comes just days after Franklin Templeton successfully launched its XRP spot ETF. The firm’s move into Solana indicates the increasing institutional trust in altcoins other than Bitcoin and Ethereum.
By offering a regulated, easy-to-access product, Franklin opens the door to traditional investors who might not want to handle private keys or crypto wallets.
This ETF will hold actual SOL tokens, tracking the CF Benchmarks Solana Index. It is closer to traditional commodity ETFs because that structure provides investors with direct exposure to the market price of Solana, rather than derivatives.
Background and recent developments
The ETF push builds on a wave of recent Solana fund launches. In late October 2025, Bitwise Asset Management listed the first U.S. spot Solana ETF. Other major players like Fidelity and VanEck followed, launching their own SOL ETFs in mid-November.
In the meantime, a Solana ETP has also been listed by 21Shares following its 8-A approval. All these funds have attracted consistent inflows, even though the market as a whole is volatile.
This is following a wider regulatory change. In 2025, SEC gave the green light to generic listing guidelines of commodity-based crypto ETFs, which has fast-tracked the launch of ETFs of altcoins.
Potential impact
Provided that Franklin Solana ETF is successfully launched, it may boost the popularity of SOL among both institutional and retail investors.
The increased liquidity and long-term demand can be increased by easier access through the brokerage accounts. It can also coerce other asset managers to accelerate their respective ETF filings, particularly of altcoins.
On the other hand, volatility is a threat and the price of cryptocurrencies may fluctuate significantly and regulatory developments may still impact ETF dynamics.
Nevertheless, this move by Franklin Templeton strengthens the increasing acceptance of Solana in the traditional finance sector, and may be a major milestone on its way to mainstream adoption.
Also Read: Bitwise Solana Staking ETF BSOL Hits $500M in 18 Days
