Feb 21 (Reuters) - Franklin Templeton filed for

an exchange-traded fund on Friday that will track the spot price

of Solana, reflecting the growing interest among

asset managers to profit from the popularity of cryptocurrencies

beyond bitcoin.

As regulatory conditions ease and a crypto-friendly

president takes office, investors are increasingly diving into

digital assets and ramping up their search for the next breakout

token, following Bitcoin's remarkable rally.

Investment managers are rolling out new products to

capitalize on this increasing interest.

In January, Grayscale Investments launched a fund tied

to Dogecoin, a token the company said has "transitioned from a

memecoin ... to a tool for global financial inclusion and a

viable means of payment".

Solana has gained more than 60% over the past year.

Franklin's ETF, which tracks this cryptocurrency, will be listed

on the Cboe BZX Exchange.

Franklin has chosen Coinbase as the custodian of

its Solana holdings. It declined to comment further.