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Franklin Templeton Makes History with Solana ETF Filing After XRP Application

  • Asset management giant Franklin Templeton has submitted a filing for a Solana ETF, just one day after submitting an application for an XRP ETF.
  • The filing aims to list and trade shares of the proposed Solana ETF on the Chicago Board Options Exchange.
  • The Solana ETF is designed to track the market price of the cryptocurrency and includes a request to allow staking of the fund's underlying SOL to earn additional rewards.
  • Franklin Templeton's dual filing for Solana and XRP ETFs reflects its strategic embrace of the evolving crypto market and signifies growing recognition of digital assets within traditional finance.

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