The Franklin Solana ETF (ticker: SOEZ) is a U.S.-listed exchange-traded product offered by Franklin Templeton. The fund holds actual Solana (SOL) tokens in custody and seeks to reflect the price performance of SOL, before expenses and liabilities. To the extent practicable, the fund may stake the SOL holdings to capture on-chain staking rewards, which are distributed as additional Solana tokens.

SOEZ is listed on NYSE Arca and provides both institutional and retail investors with regulated, exchange-traded exposure to Solana — removing the need for direct crypto wallet custody while offering potential upside from both token price appreciation and staking yield. Custody is provided by Coinbase Custody Trust Company, LLC, while The Bank of New York Mellon handles administration, cash custody, and transfer-agent services.

With an expense ratio of 0.19%, the offering is competitively priced among new Solana spot ETFs. As one of the first SOL spot ETFs launched by a major traditional asset manager, SOEZ could broaden access to Solana for a wide range of investors