🏦 Franklin Templeton's Solana Spot ETF SOEZ officially launched

According to BlockBeats, on December 3, global top asset management company Franklin Templeton announced that its Solana spot ETF—Franklin Solana Fund officially began trading on the same day, with the code $SOEZ. The expected management fee rate for the fund is 0.30% (i.e., 30 basis points).

It is worth noting that Franklin Templeton's entry into this ongoing Solana ETF layout signifies that another traditional asset management giant with a management scale exceeding one trillion dollars has officially entered the field. In addition to the newly launched SOEZ, there are already several similar products on the market.

The launch of SOEZ marks further recognition of the Solana ecosystem by mainstream financial institutions following Bitwise's $BSOL (currently with assets under management of approximately $450 million), VanEck's $VSOL, and Fidelity's $FSOL launched in November, providing investors with a regulated new channel to access the Solana crypto asset.