Franklin Solana ETF (NYSE Arca: SOEZ) is a cryptocurrency exchange-traded fund that holds Solana as its underlying asset. The fund is a series of Franklin Solana Trust, sponsored by Franklin Holdings, LLC. It commenced operations on December 3, 2025, and trades on NYSE Arca. As an emerging growth company under the JOBS Act, the Trust takes advantage of extended transition period exemptions from certain reporting requirements. The fund provides investors with exposure to Solana through a trust structure, with shares listed on an exchange rather than requiring direct custody of the digital asset. The 10-Q filed February 17, 2026 covers financial activity from the commencement of operations on December 3, 2025 through December 31, 2025.

Revenue model

The filing excerpts do not disclose specific fee rates or revenue figures. The fund operates as a trust holding Solana, with Franklin Holdings, LLC acting as sponsor. No management fee percentage or expense ratio is stated in the available excerpts.

Products and services

Franklin Solana ETF: an exchange-traded fund providing exposure to Solana (SOL), structured as a series of Franklin Solana Trust and listed on NYSE Arca.

Customers and end markets

Investors seeking exchange-traded exposure to Solana. The filing excerpts do not specify customer counts, institutional versus retail mix, or assets under management as of the period ended December 31, 2025.

Value-chain role

Sponsor and trust structure providing packaged exchange-traded access to Solana holdings. Franklin Holdings, LLC serves as sponsor; a named Trustee also participates in the structure.

Geographic exposure

Listed on NYSE Arca. The filing excerpts do not specify geographic distribution of investors or assets beyond the U.S. exchange listing.

Source: SEC 10-Q, filed 2026-02-17

Industry: Commodity Contracts Brokers & Dealers