Franklin Templeton announces details of SOL ETF, staking rewards will be included in income, initial holding of 17,000 coins

Franklin Templeton officially released details about its Solana spot ETF, which has an initial SOL holding of 17,000 coins (custodied by Coinbase Custody), with a market value of approximately $2.4 million. In addition, the current number of outstanding shares for the ETF is 100,000, with a trading fee rate of 0.19%. Franklin Templeton stated that the fund will stake the SOL it holds to earn rewards and will include the related SOL staking rewards as income.