Franklin Templeton Rolls Out New Solana Plans as SOEZ ETF Goes Live on NYSE Arca
Franklin Templeton has expanded its crypto investment plans with the official launch of its Solana-focused exchange-traded fund, which began trading Wednesday under the ticker SOEZ on NYSE Arca. The new product includes built-in staking rewards, positioning it as a yield-generating option for institutional and retail investors aiming to gain direct exposure to Solana’s rapidly growing ecosystem.
Roger Bayston, Franklin Templeton’s Head of Digital Assets, emphasized Solana’s evolution into “a core layer of the digital economy,” pointing to its speed, low fees, and expanding utility across tokenization, payments, and next-gen financial apps. He noted that developer momentum and institutional interest continue to accelerate as Solana solidifies its position among top blockchain networks.
The firm is no stranger to the crypto ETF landscape, having already issued products tied to Bitcoin, ETH, XRP, and a multi-asset crypto index. However, Franklin enters the Solana ETF arena later than competitors such as Canary Capital, Bitwise, Grayscale, Fidelity, VanEck, and REX-Osprey—the latter being the first to offer a staking-reward Solana ETF earlier this year.
The U.S. SEC’s notably friendlier posture toward digital assets under the second Trump administration has helped fuel this wave of new ETF launches, from LINK to SOL to DOGE. Streamlined listing standards and clearer regulatory guidelines have paved the way for faster approvals and more diverse crypto product offerings.
Solana also received high-profile praise on Wednesday from SkyBridge Capital founder Anthony Scaramucci, who discussed his upcoming book Solana Rising during a CNBC appearance. Scaramucci called Solana “one of the big winners,” while stressing that multiple major blockchains can thrive side by side in the evolving crypto economy.
Franklin Templeton’s SOEZ ETF marks yet another step in Wall Street’s escalating plans to integrate Solana into mainstream financial products—signaling strong confidence in SOL’s sustained growth and institutional adoption.