Franklin Templeton is no longer satisfied with just Bitcoin and Ethereum.

The Wall Street giant just filed for both Solana and XRP ETFs within 24 hours of each other, making it clear they want a piece of every crypto pie available.

This is what mass adoption looks like – TradFi suits racing to package every blockchain they can into neat little ETF wrappers so their friends can play ball. 

The Solana Play

Franklin Templeton hit the SEC with a Solana ETF filing on March 12th through the Cboe BZX Exchange.

If approved, they'd instantly become the biggest fish in the Solana investment pond.

The proposed ETF would track SOL's spot price, letting boomers and institutions get Solana exposure without ever touching a private key.

They're even pushing to stake their SOL holdings – basically demanding dividend rights for an asset class they barely understood six months ago.

The XRP Gambit

This move is even more exciting because they also filed for an XRP ETF just one day earlier.

The fund would track XRP's price minus the obligatory fat management fees that TradFi loves to charge.

They've tapped Coinbase Custody to hold the actual XRP, proving once again that even the biggest players still don't want to deal with self-custody.

Franklin Templeton is now shoulder-to-shoulder with Bitwise and Grayscale in the race to cash in on XRP's massive army of supporters.

The Regulatory Chess Game

The SEC is playing its usual delay tactics, pushing back decisions on Solana, XRP, Litecoin, and even Dogecoin ETFs.

But the writing's on the wall – Trump's pro-crypto agenda has the SEC backed into a corner.

ETF analyst James Seyffart isn't sweating the delays, calling them standard procedure with a final decision deadline of October 2025.

After Bitcoin and Ethereum ETFs got the green light, the floodgates are basically already open for the rest of the crypto market.

Wall Street FOMO

Franklin Templeton managing $1.5 trillion in assets and suddenly developing an appetite for altcoins tells you everything you need to know about institutional FOMO.

The suits who called crypto a scam for years are now racing to file ETF paperwork as quickly as they can in a mad dash to snag as much market share as possible.

If these ETFs are approved, expect Solana and XRP to gain legitimacy, which could forever change their market dynamics.

The traditional finance world is basically admitting that Bitcoin and Ethereum were just gateway drugs to the broader crypto ecosystem.

The ETF Endgame?

We're watching the great crypto assimilation happen in real-time as Wall Street is packaging the wild west of crypto into regulated, fee-generating products that your grandparents could buy.

The purists might hate it, but this is what mainstream adoption actually looks like – less revolution, more evolution.

When Wall Street starts fighting over your favorite altcoin, we're not early anymore – we're right on schedule.