Franklin Templeton eyes Solana ETF after Ethereum success

Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana.

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Franklin Templeton, one of the first firms to issue a spot Bitcoin exchange-traded fund (ETF) in the United States, is optimistic about more assets powering new cryptocurrency ETFs, including Solana.

“Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward,” Franklin Templeton wrote in an X post on July 23. The post added:

Franklin Templeton’s statement about potential Solana (SOL) ETFs came on the same day the company launched its second spot cryptocurrency ETF, the Franklin Ethereum ETF (EZET).

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