Government shutdown puts potential Solana ETF approval timeline in uncertainty
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2025
0mins
Should l Buy BEN?
Source: MarketWatch
Approval Anticipation: Major Wall Street firms are expecting approval to launch exchange-traded funds (ETFs) investing in solana, a lesser-known cryptocurrency, but a partial U.S. government shutdown has delayed the process.
SEC Decision Deadline: The Securities and Exchange Commission has a deadline to decide on ETF applications from firms like Fidelity, Franklin Templeton, and Invesco, which could signify a significant step towards the mainstream acceptance of digital assets.
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Analyst Views on BEN
Wall Street analysts forecast BEN stock price to rise
6 Analyst Rating
1 Buy
1 Hold
4 Sell
Moderate Sell
Current: 22.910
Low
22.00
Averages
26.83
High
36.00
Current: 22.910
Low
22.00
Averages
26.83
High
36.00
About BEN
Franklin Resources, Inc. is a global investment management company with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Through its specialist investment managers, the Company offers specialization on a global scale, bringing capabilities in equity, fixed income, alternatives and multi-asset solutions. It provides its investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. Its investment products include its sponsored funds, as well as institutional and high-net-worth separate accounts, retail separately managed account programs, sub-advised products, and other investment vehicles. Its funds include registered funds (including exchange-traded funds) and unregistered funds. It offers its services and products under its various distinct brand names, including, but not limited to, Alcentra, Benefit Street Partners, Brandywine Global Investment Management, Canvas, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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