(Reuters) - Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana, reflecting the growing interest among asset managers to profit from the popularity of cryptocurrencies beyond bitcoin.

Franklin Templeton has joined the asset managers waiting in line for approval of a Solana spot exchange-traded fund (ETF). It filed an S-1 form with the United States Securities Exchange Commission (SEC) on Feb.

Franklin Templeton files S-1 with SEC to launch a spot Solana ETF, following growing institutional interest in digital assets.

Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ), which offers exposure to Bitcoin and Ethereum.

Franklin Templeton (NYSE:BEN) expanded its digital asset exchange-traded-product suite with the rollout of an exchange-traded fund that offers investors indirect exposure to bitcoin (BTC-USD) and ether (ETH-USD) — the two largest cryptocurrencies,

Asset manager Franklin Templeton is seeking SEC approval for funds based on the performance of Solana, the sixth-largest coin by market cap.

Franklin Templeton has filed for SEC approval of a Solana spot ETF, aiming to expand institutional access to Solana investments.

Franklin Templeton, the global asset management giant with $1.5 trillion in AUM, has unveiled the Franklin Crypto Index ETF.

EZPZ is now Franklin Templeton’s third digital asset ETF. The first such ETF, Franklin Bitcoin ETF, which trades under the ticker EZBC, was launched Jan. 11, 2024, while the Franklin Ethereum ETF, which trades under the ticker EZET, was launched July 23.

Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ). The ETF provides exposure to the price movements of the two most prominent crypto currencies, Bitcoin and Ethereum. Franklin Templeton Head of ETF product and Capital Markets David Mann explains significance of launch on "Bloomberg Markets.