<ul data-eligibleForWebStory="true"><li>The SEC has opened the public comment period for the Franklin XRP and Solana ETF filings intended for trading on the Cboe BZX Exchange.</li><li>The comment period follows initial filings by Cboe BZX in March, and a subsequent delay by the Commission in April, extending the decision deadline.</li><li>The SEC emphasizes that initiating these proceedings does not indicate a decision and invites stakeholders to provide comments.</li><li>The Franklin XRP ETF, governed by BZX Rule 14.11(e)(4), would enable trading of XRP-backed shares via a trust structure, with a similar filing for the Solana ETF.</li><li>This move reflects growing institutional interest in regulated investment products related to digital assets, despite the SEC's cautious stance on new crypto ETFs.</li></ul>

SEC Opens Comment Period on Franklin XRP and Solana ETFs

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