- Franklin Templeton filed Form 8-A for its Solana ETF, a step that often signals trading may begin soon.
- The SOEZ ETF will track SOL directly with a 0.19% fee and a waiver on the first $5B in assets.
- Multiple issuers launched Solana ETFs recently, showing steady demand and expanding market activity.
Franklin Templeton, with over $1.66 trillion in assets under management, has filed a Form 8-A with the U.S. SEC for its Franklin Solana ETF. The filing often marks the last step before an ETF becomes eligible for trading on an exchange. In many cases, trading begins the day after the form is accepted. The Solana ETF will trade under the ticker SOEZ on NYSE Arca.
Final Regulatory Step Before Trading Begins
The Form 8-A submission follows several delays in the SEC review process. Regulators moved the decision window multiple times, extending the timeline from April to November 2025. The new filing serves as the formal registration under the Securities Exchange Act of 1934, which the ETF industry often calls the “green light” step.
Franklin Templeton confirmed that the fund will track the CF Benchmarks Solana Index. The product will operate as a passive vehicle and will not use derivatives. The fee is set at 0.19%, and the firm will waive sponsor fees on the first $5 billion in assets until May 31, 2026.
The company’s move follows its recent launch of the XRPZ ETF. That product posted $62.6 million in inflows on its first full trading day and added another $7 million the day after. XRP spot ETFs in total have recorded roughly $587 million in inflows since November 13.
Growing ETF Activity Surrounds Solana
More Solana ETFs have entered the market this month. VanEck launched its VSOL ETF, and Fidelity followed soon after. Bitwise listed the first U.S. SOL ETF in late October, while 21Shares has also registered a Solana product after filing the same SEC documentation.
Data shows steady inflows into Solana funds during a volatile period for the broader crypto market. The demand comes after the SEC approved generic listing standards for commodity-based crypto ETFs in 2025, which accelerated filings across several issuers.
The SOEZ fund will hold actual SOL tokens, offering direct exposure for investors who want regulated access without handling private keys. Franklin Templeton’s filing adds to a busy period in the ETF sector, and the fund may begin trading as early as today or tomorrow once the exchange schedules its debut.
