IMPORTANT DEVELOPMENT FOR SOLANA (left): It will be a first in history if accepted

Franklin Templeton, one of the world’s largest investment management companies, to the US Securities and Stock Exchange Commission (SEC) Solana He applied for the Stock Exchange Investment Fund (ETF) and proposed to include Stinging as part of his structure.

Record declaration offered by the company, Crypto para He clearly talks about Stinging, which means an important move in the developing environment for based investment products.

According to the application certificate, Franklin Templeton’s proposed solana ETF will allow the fund to take stinging activities and win a left -wing prizes. The application said, ında In exchange for any stake activity that the Fund can participate, the fund will receive certain stake prizes of solana tokens and these awards can be considered as income for funds ”.

Franklin Templeton’s move came in the midst of increasing interest to initiate Solana ETFs, especially after changes under the leadership of the SEC and a more crypto -friendly regulatory environment. Under the previous administration, former SEC President Gary Gensler had a cautious stance on crypto -related products. However, the approval of Spot Bitcoin ETFs after Grayscale’s turning point against SEC, paved the way for ETHEREUM ETFs and potentially other crypto -based investment instruments.

The companies that want to get approval for Solana ETFs are now in contact with the SEC to discuss the inclusion of Stinging. Last week, the newly created crypto task force came together with Jito Labs and Multicoin Capital to investigate the feasibility of Stinging in products traded on the stock exchange. There were similar discussions about the Ethereum ETFs. The New York Stock Exchange (NYSE) asks for permission for Stinging on Grayscale’s Ethereum ETFs, while CBOE BZX Stock Exchange 21shares is looking for approval for the Stinging Ethereum ETF.

James Seyffart, an ETF analyst in Bloomberg, believes that Stinging will be allowed for all proof-office assets within ETF structures: “At this point, when it will be the only time.”

According to Seyffart, although the regulatory clarity is still necessary, Ethereum ETF Stinging applications are expected to be examined before those for solana. Previously, many companies had released Stinging from ETF applications due to uncertainty. The SEC stated that Proof-of-Stake tokens could be classified as securities and can create obstacles to include arranged investment products.

*It is not an investment advice.