Franklin Templeton's Solana ETF has been approved for listing on NYSE Arca, marking the final regulatory hurdle before it begins trading. The ETF, which will trade under the ticker SOEZ, is set to track the CF Benchmarks Solana Index and is anticipated to launch in the coming days. This approval highlights the increasing demand for Solana-focused investment products, following Franklin Templeton's recent expansion into XRP and broader crypto index offerings.
In related market movements, Solana's price has surged by 10.30% over the past 24 hours, reaching approximately $141.57. The cryptocurrency's market capitalization now stands at $79.17 billion, reflecting heightened investor interest.
Franklin Solana ETF Approved for Trading on NYSE Arca
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