19 Mar 2025
📈SEC Notice on Franklin Solana ETF Proposed Rule Change
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the Franklin Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The SEC published a notice regarding the proposed rule change from Cboe BZX Exchange, Inc. to list and trade shares of the Franklin Solana ETF, a commodity-based trust, allowing for investment opportunities in digital assets and addressing regulatory compliance related to cryptocurrency market dynamics.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
This document discusses a proposed rule change to list and trade shares of the Franklin Solana ETF, which directly impacts market operators and participants by increasing investment options in digital assets. Business owners and executives should consider compliance with regulatory frameworks governing these financial products, as well as the potential for investor interest and market opportunities within the cryptocurrency space.