Is Franklin Templeton Next in the Race of Solana ETF Filings?
Franklin Templeton registered “Franklin Solana Trust” in Delaware. The asset management firm will soon join the list of firms filed for Solana spot ETF.
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Franklin Templeton registered “Franklin Solana Trust” in Delaware. The asset management firm will soon join the list of firms filed for Solana spot ETF.
On Tuesday, the U.S. Securities and Exchange Commission acknowledged several Solana-based exchange-traded fund applications, signaling progress on new altcoin funds entering the US market. Observers see the move as a shift from how the regulator had previously considered such financial instruments.
Solana wobbles, stumbles, falls below $200. Its volumes evaporate (-28%), its future oscillates between shipwreck and ETF miracle.
Solana (SOL) has recorded mixed institutional patterns in the last 48 hours, with bulls looking to recover. Crypto whales have withdrawn the asset from centralized exchanges, backing a long-term price surge despite the general market sentiment.
The US SEC has started the official countdown for Solana ETF application from Canary Capital.
Solana (SOL) price is hovering near the $200 level, with its market cap attempting to reclaim the $100 billion mark and daily trading volume at $4 billion. Meanwhile, the number of Solana whales has been declining after reaching an all-time high of 5,167 on January 25, now sitting at 5,067.
Solana continues to outperform Ethereum in revenue generation, even as the crypto market faces reduced retail trading activity. Data from DeFiLlama shows that Solanas applications generate significantly more revenue than Ethereums, with crypto researcher Aylo reporting that Solana apps have earned up to 10 times more than their Ethereum counterparts as of Feb. 10.
The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.
Fund issuers are rushing to capitalize on a newfound openness to crypto, though some have voiced reservations around meme coin ETFs.
The SEC has taken a key step in the approval process for spot Solana ETF applications from Canary, VanEck, Bitwise, and 21Shares. The move signals growing regulatory acceptance of altcoin ETFs and could open new institutional investment pathways into the crypto market. The post SEC Acknowledges Spot Solana ETF Filings from Canary, VanEck, Bitwise, and 21Shares appeared first on Cryptonews.
During a day when the majority of cryptocurrencies experienced a retracement Cardano managed to post an impressive daily recovery of 11%. Due to important market dynamics and accumulation patterns among major investors the abrupt increase in price performance points to a growing sense of bullishness.
The SEC acknowledged several Solana ETF filings on Tuesday, increasing the odds of its eventual approval. ETF analysts believe that a Litecoin or Dogecoin ETF is more likely, but the SEC is seemingly turning focus on Solana.
Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Solana ETF application submitted by Canary Capital. This is in line with the acknowledgment of Grayscale's Solana ETF application, which was made in the previous month.
Lukas Bartusek, a former FTX user from Prague, is locked out of nearly $400,000 after mistakenly sending 2,000 Solana (SOL) to his old account a year after the exchange collapsed. Now he needs a court order to get it back, according to a Monday filing in Delaware bankruptcy court.
Franklin Templeton has filed to register a Solana spot ETF trust, joining Grayscale and Canary Capital in seeking SEC approval. The move highlights growing institutional demand for Solana-based investment products as regulatory decisions approach. The post Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF appeared first on Cryptonews.
Hester Peirce, the SEC's new crypto task force boss, has said that most meme coins probably do not fall under the regulator's purview.
Solana (SOL) could be on the cusp of an institutional adoption boom, as the network's growth accelerates and Wall Street giants line up to launch Solana-based investment products. The post Institutional Money Pours In as Solana's Growth Accelerates – Can SOL Overtake Bitcoin? appeared first on Cryptonews.
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So far, the process to launch Solana ETFs is mirroring what transpired when issuers were seeking to launch spot bitcoin products.
Sol Strategies partners with 3iQ to provide staking infrastructure for the Solana ETF, enhancing institutional access to staking rewards. The collaboration underscores the growing demand for regulated digital asset investment options The post Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF appeared first on Cryptonews.
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
Franklin Templeton has added to the list of companies eyeing approval for a Solana spot exchange-traded fund. On Feb. 11, the $1.
dApp volumes on BNB Chain have surged by 42% in the last 30 days to $52 billion.
