Franklin Templeton has filed for a Solana ETF with staking options, following its recent filing for a Solana Trust. While previous attempts to establish a staking ETF in 2024 were unsuccessful, Franklin Templeton remains determined with this new proposal.

Will the SEC Approve a Solana ETF?

Speculation surrounding the approval of a Solana ETF has been growing since President Trump's term. The SEC has been processing a series of applications swiftly, leading to beliefs among Polymarket users that approval in 2025 is highly probable.

Franklin Templeton is taking a bold step by aiming to introduce a Solana ETF with staking options. The filing states that the Fund may engage in staking activities through trusted providers to earn Solana token rewards.

Despite the centralized nature of this setup, the proposal is innovative in the ETF industry. Building upon their earlier application for a Solana Trust, Franklin Templeton's latest ETF endeavor signals their commitment to the Solana ecosystem.

In contrast to past years, the regulatory landscape in 2025 is more favorable. The SEC's Crypto Task Force recently engaged industry stakeholders in discussions about ETP staking, with ongoing dialogues indicating a positive outlook for crypto firms.

If approved, Franklin Templeton's Solana staking ETF could potentially boost SOL's value, which has been facing challenges in recent months. While uncertainties remain about the SEC's stance, the Task Force's interest in ETP staking offers hope for Franklin Templeton's proposal.