Franklin Templeton, a prominent investment firm that was one of the first to offer a Bitcoin exchange-traded fund (ETF) in the United States, is optimistic about introducing more cryptocurrency ETFs, including one for Solana.
In a post published on July 23, Franklin Templeton stated that they see potential for the crypto space beyond just Bitcoin and Ethereum.
They specifically mentioned Solana, a fast-growing cryptocurrency, and its advancement in technology despite facing challenges.
The post also highlighted the potential of monolithic architectures, which refer to systems that are designed to work as a whole.
Franklin Templeton’s announcement about Solana ETFs coincided with the launch of their second spot cryptocurrency ETF, the Franklin Ethereum ETF (EZET).
