Franklin Templeton announced the launch of Franklin Solana ETF (NYSE Arca: SOEZ), an exchange traded product (ETP) designed to provide investors with exposure to the price movements of Solana (SOL), the native token of one of the most active and scalable blockchain networks. SOEZ seeks to reflect generally the performance of the price of Solana and the rewards from staking as much of the Fund?s Solana as is practicable (up to 100%), before payment of the Fund?s expenses and liabilities. The Fund receives staking rewards in the form of Solana tokens (SOL), which may be treated as income.

Staking Solana on the network may also enhance network security and stability. The Fund?s SOL cash value is calculated by valuing the SOL held by the Fund based on the CME CF Solana-Dollar Reference Rate, New York Variant. SOEZ is listed on NYSE Arca.

Launched in 2020, Solana is a high performance blockchain designed to power smart contract applications across payments, decentralized finance (DeFi), and digital asset tokenization. It combines Proof of Stake (PoS) with a proprietary Proof of History (PoH) mechanism, a cryptographic clock that sequences transactions efficiently and enables very high throughput and low latency. In practice, Solana can process tens of thousands of transactions per second at a low cost.

Solana?s low-cost and high-speed infrastructure has made it a preferred network for developers building decentralized apps, gaming platforms, and on-chain financial services. Its relatively low correlation to traditional asset classes, combined with rapid adoption, has positioned Solana as a differentiated exposure within the broader digital asset market. SOEZ is structured as a grantor trust that holds Solana and cash.

Coinbase Custody Trust Company, LLC serves as Solana custodian. Bank of New York (BNY) acts as administrator, transfer agent, and cash custodian. SOEZ joins Franklin Templeton?s U.S. digital asset ETP lineup, which includes the recently launched Franklin XRP ETF (XRPZ), as well as Franklin Crypto Index ETF (EZPZ), Franklin Bitcoin ETF (EZBC), and Franklin Ethereum ETF (EZET).