CSC has registered a new trust called Solana Trust and is considering the possibility of launching a physical Solana exchange-traded fund (ETF) together with other asset management companies.
The trust, which was registered on the 10th through Delaware Trust Company, has previously been used by cryptocurrency trust products from several asset management companies, including Bitwise.
In order for Franklin Templeton to launch the Solarna ETF, it must file Form 19b-4 and Form 19b-5 with the U.S. Securities and Exchange Commission (SEC).
Currently, Grayscale, Bitwise, VanEck, 21Shares, and others are required to submit an S-1.
res, Canary Capital and others are challenging the Solana ETF. Some asset managers filed suit against the SEC the day after registering the trust in Delaware.
There is also a case where the company filed an S-1 for orm. If the ETF is approved, the Franklin Solana Trust will track the price movements of Solana (SOL). Currently, Solana is worth about 970
The ETF is expected to be listed on the exchange in the coming months, with a market capitalization of $1.2 billion.
However, Franklin Templeton's spot Bitcoin and Ethereum ETFs are listed on the Chicago Board Options Exchange (Cboe
Considering that it was listed on BZX, it is possible that it will be listed on the same exchange.
2025/02/12 12:55 KST
Copyright(C) BlockchainToday wowkorea.jp 118