Franklin Templeton Moves Forward With 8-A Filing for Solana ETF

Franklin Templeton 8-A Solana ETF Filing Signals Institutional Demand

In a major development for the crypto market, asset management giant Franklin Templeton has filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) for its Franklin Templeton Spot Solana ETF. 

Source: SEC Official

The recent filing, signals that the fund is moving closer to the launch, means approval and listing could follow within days, as Form 8-A submission usually appears just before trading begins. 

This step marks one of the strongest signs yet of Solana institutional adoption, which could be a turning point for the network. As Franklin Templeton is setting ways for other digital assets too, the next wave for altcoin season looks close. It also proves that organisations now not only target sceptical currencies like bitcoin and ethereum but exploring other significant coins also. 

Franklin Templeton Expands Crypto Offerings With XRP-ETF

Franklin Templeton’s Form 8-A Solana ETF paperwork comes at the time, when the asset giant recently launched its XRP ETF, trading under the ticker XRPZ on NYSE Arca. The Franklin Templeton XRP ETF received SEC certification and exchange listing approval, strengthening the firm’s presence in the digital asset funds sector.

With the SOL joining its XRP, Bitcoin and Ethereum products, the company now offers one of the broadest institutional-grade crypto exchange traded fund lineups in the U.S. The firm’s support and  confidence in the currency is also lifting the growing excitement of broader markets.

Strong Inflows and Record Performance for SOL ETFs

The Templeton's SOL ETF filing reflects expectations of major demand from professional investors. Many believe Solana institutional adoption is accelerating, especially as traditional finance firms that once dismissed the ecosystem now seek exposure.

This can be noted from recent Solana ETF news, showing impressive market traction. Spot SOL ETFs have recorded 20 consecutive days of net inflows since launch, a rare achievement even among crypto ETFs.

Source: SoSoValue

On Nov 25 alone, the ETFs pulled in a powerful $53.08 million, pushing the cumulative total to a huge $621.32 million. Trading activity is heating up with $37.51 million in value traded, and total net assets have surged to $888.25 million, now representing an impressive 1.15% of SOL’s market cap. 

The Solana ETF record streak highlights consistent investor interest, with $128 million flowing into SOL spot ETFs in a single week. This sustained flow suggests that institutions expect long-term growth rather than short-term speculation.

Institutional Confidence Builds Around the Asset

Crypto analysts emphasized that every market cycle sees skepticism toward the digital coin, followed by large institutions eventually filing products tied to it. 

In this race, Bitwise (BSOL) leads by a massive margin with $592.11 million, holding the lion’s share of assets. Grayscale (GSOL) follows with $132.82 million, while 21Shares (TSOL) sits strong at $116.21 million, proving global demand, where Franklin Templeton Solana filing with the SEC reinforces this trend. 

Traditional giants are also firmly in the game, with Fidelity FSOL and VanEck VSOL. This lineup highlights a powerful mix of crypto-native and institutional firms driving the Solana-ETF market forward.

What This Means for Solana

The combination of strong inflows, a new SEC filing, and institutional participation suggests growing confidence in SOL’s long-term potential. 

The continuous and maximizing launches could increase trading volume and potentially influence SOL price movement (Current Price: $138.43), similar to what occurred after Bitcoin and Ethereum products went live.

If approved, the Franklin Templeton Solana-ETF may become a major gateway for traditional investors seeking exposure to Solana’s expanding ecosystem, solidifying its position in institutional portfolios.