SEC Calls for Feedback on Franklin Templeton’s Crypto ETFs—XRP and SOL in Play

The SEC is asking the public to weigh in on Franklin Templeton’s bold bid to launch the first U.S. spot ETFs for XRP and Solana. If approved, the funds would trade on Cboe’s BZX Exchange.

Tuesday’s filings kick off a formal review process, though the SEC stressed it hasn’t made up its mind yet. “We want to hear from the industry,” the regulator said.

Cboe first pitched the rule change in March, but the SEC hit pause in April, delaying the decision until now. The new comment period pushes the final deadline to July.

With Bitcoin and Ether ETFs already a reality, asset managers are scrambling to bring altcoin funds to market—and Franklin Templeton could be leading the charge.

Follow and like us on