Franklin Templeton (FTI_US), a global asset manager overseeing more than $1.66 trillion in assets, has officially advanced its push into crypto investment products by filing regulatory documents with the U.S. Securities and Exchange Commission (SEC) for a proposed Franklin Solana ETF. Initially marked by a Form 8-A filing—often a precursor to listing approval—the firm has now submitted a prospectus detailing a competitive strategy. The prospectus reveals that the fund proposes a fee structure of just 0.19%, positioning it aggressively against potential competitors. Additionally, the filing outlines a plan to waive fees on the first $5 billion in assets, suggesting a strong intent to capture early market share. This move reinforces the trend of institutional asset managers expanding into altcoin products amid strong market demand. Coinciding with these filings, the broader market for Solana investment products is showing significant strength. Reports indicate that existing Solana products have recorded 21 consecutive days of inflows, totaling $621 million. Solana founder Anatoly Yakovenko has highlighted this momentum, noting the network's continued leadership in DApp revenue and DEX volume metrics, which provides a bullish backdrop for the ETF application. [Update 1] Specifics regarding the ETF's structure have been added: Franklin Templeton is proposing a 0.19% sponsor fee and will waive fees for the first $5 billion in assets, signaling an aggressive entry strategy.