Overview
- SOEZ began trading on December 3 after SEC and NYSE Arca clearances, offering regulated exposure to Solana’s SOL token.
- Franklin Templeton’s fund includes staking rewards for shareholders, reflecting a design trend across new Solana ETFs.
- The U.S. Solana ETF roster now spans Bitwise, Fidelity, VanEck, 21Shares, Grayscale and others, with assets reported near the $0.9–$1.0 billion range.
- SOL traded around $140 with intraday volatility as analysts flagged on-chain buyer clusters near $135–$142 that could act as resistance.
- Flows have turned mixed, with recent category outflows led by 21Shares’ TSOL while Bitwise’s BSOL drew inflows, and exchange data showed heavy USDC inflows and SOL withdrawals that tightened sell-side liquidity.