Franklin Templeton Pushes for Solana ETF with Staking – Will the SEC Approve?
Franklin Templeton is taking a bold step in the crypto investment space by seeking SEC approval for a Solana ETF that includes staking.
This proposal could set a precedent for integrating staking rewards into regulated financial products.
Unlike previous ETFs that avoided staking due to regulatory concerns, Franklin Templeton’s filing explicitly states that the fund would stake SOL to earn rewards, potentially treating them as taxable income. This move follows the SEC’s recent shift in approach toward crypto ETFs, particularly after spot Bitcoin ETFs received approval.
Regulators are now engaging with industry players to assess the feasibility of staking within ETFs. The SEC’s crypto task force has reportedly consulted firms like Jito Labs and Multicoin Capital, while similar discussions have emerged around Ethereum-based ETFs. Exchanges such as NYSE and Cboe BZX are also exploring staking for their Ethereum products.
READ MORE: SEC Set to Dismiss Coinbase Lawsuit, Marking a Major Shift in Crypto Regulation
ETF analyst James Seyffart predicts that staking will eventually become a standard feature for proof-of-stake assets in ETFs. While Ethereum-based products are expected to take priority in regulatory reviews, the growing interest in Solana ETFs suggests they may not be far behind.
The SEC’s evolving stance could reshape the crypto ETF market, potentially allowing staking to become a core component of future investment products.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
