Franklin Templeton launched the Franklin Solana ETF (SOEZ) with a staking mechanism, expanding access to SOL through a transparent ETP for institutional and individual investors.
This organization managing more than 1.6 trillion USD is participating in the Solana ETF race alongside VanEck, Grayscale, Bitwise, Fidelity, and 21Shares, providing direct exposure to SOL price fluctuations with staking rewards.
MAIN CONTENT
SOEZ can stake up to 100% of held SOL; rewards are accounted as fund income.
Listed on NYSE Arca; priced according to the CME CF Solana-Dollar Reference Rate, New York Variant.
On 12/4, the Solana ETF recorded a net outflow of $32.9 million; TSOL -$41.8 million, while BSOL, FSOL, GSOL attracted capital.
SOEZ integrates staking to optimize returns for investors
SOEZ allows the fund to stake up to 100% of held SOL (when feasible), aiming to receive rewards beyond Token price fluctuations.
Maximum staking mechanism of 100%
The fund's plan is to stake up to 100% of the SOL supply when possible. This approach helps capture SOL price performance and staking rewards distributed in new SOL, potentially improving overall returns for investors.
Reward allocation and network benefits
Staking rewards are expected to be accounted as income of the fund. Participating in validation also directly contributes to enhancing security and stability for the Solana blockchain.
Pricing and listing
The cash value of SOL in the fund is measured according to the institutional standard CME CF Solana-Dollar Reference Rate, New York Variant. SOEZ has been listed and traded on NYSE Arca, providing a transparent ETP structure that fits existing investment workflows.
With this launch, Franklin Templeton joins a group including VanEck, Grayscale, Bitwise, Fidelity, and 21Shares that have launched similar products.
Franklin Templeton leaders emphasize Solana's position
Company leaders assert that Solana has achieved significant levels of adoption and is becoming a core infrastructure layer of the digital economy.
"SOEZ provides exposure to Solana, a network that has seen significant levels of adoption, and offers a transparent ETP structure that seamlessly fits into existing investment workflows."
– David Mann, Head of ETF Product and Capital Markets, Franklin Templeton
"Solana is becoming a core layer of the digital economy."
– Roger Bayston, Head of Digital Assets, Franklin Templeton
Solana ETF capital flows were mixed on 12/4
Data shows net outflows of $32.9 million, reflecting a polarized sentiment among Solana funds.
According to data compiled by Farside Investors, 21Shares TSOL led the outflows with $41.8 million. Conversely, some funds still attracted capital: Bitwise BSOL $5.6 million, Fidelity FSOL $1.7 million, Grayscale GSOL $1.6 million.
This trend indicates that investors are reassessing their risk appetite and profit expectations in the expanding Solana ETF ecosystem.
The price of SOL fluctuates between low liquidity and staking reward debates.
SOL is currently trading around $143.02; at the end of November, it recorded a level of $140.19.
On 11/26, Solana spot ETFs recorded a net outflow of $8.1 million for the first time, ending a 21-day capital inflow streak. Price pressure increased as weekend liquidity was low, concerns about corrections and developer debates regarding scarcity proposals could reduce staking rewards.
Conclusion: Clear long-term commitment, short-term challenges still exist
SOEZ reinforces institutional confidence in Solana due to the staking mechanism and normative pricing, but price volatility and capital flow contrasts indicate that short-term risks still need monitoring.
SOEZ emphasizes the long-term potential of Solana.
Net outflows and price volatility highlight short-term market challenges.
Frequently asked questions
How is SOEZ different from an ETF that only tracks prices?
SOEZ has a mechanism to stake up to 100% of held SOL (when feasible), allowing for staking rewards beyond price volatility. Rewards are expected to be accounted for as fund income, and staking also enhances the security of the Solana network.
Where is SOEZ listed and based on what standard?
SOEZ is listed on NYSE Arca. The cash value of SOL in the fund is measured by the CME CF Solana-Dollar Reference Rate, New York Variant, a pricing benchmark recognized by institutions.
How have Solana ETF capital flows been recently?
On 12/4, the Solana ETF recorded a net outflow of $32.9 million (Farside). 21Shares TSOL withdrew $41.8 million; while Bitwise BSOL came in with $5.6 million, Fidelity FSOL $1.7 million, and Grayscale GSOL $1.6 million.
Source: https://tintucbitcoin.com/franklin-templeton-tung-etf-solana-soez/
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