First US Solana Futures ETFs to Launch as Institutional Interest Grows
The post First US Solana Futures ETFs to Launch as Institutional Interest Grows appeared on BitcoinEthereumNews.com.
Solana has found itself at the center of two major developments this week, highlighting both its growing institutional adoption and the challenges of brand messaging in a rapidly evolving industry. On one front, Volatility Shares is set to launch the first-ever Solana futures ETFs in the US, marking a significant milestone for the network’s institutional presence. Meanwhile, Solana Labs CEO Anatoly Yakovenko has addressed backlash over a controversial advertisement that drew criticism for its political undertones, reaffirming the project’s commitment to open-source development and decentralization. Volatility Shares to Launch First Solana Futures ETFs in the US, Signaling Institutional Adoption Volatility Shares is set to launch two Solana futures exchange-traded funds (ETFs) on March 20. These ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), mark the first Solana-based ETFs in the United States, offering investors new avenues to gain exposure to the fast-growing blockchain network. The launch of these ETFs follows the recent debut of Solana futures contracts on the Chicago Mercantile Exchange (CME) Group, signaling increasing institutional interest in the cryptocurrency market beyond Bitcoin and Ethereum. According to filings with the Securities and Exchange Commission (SEC), the standard SOLZ ETF will feature a 0.95% management fee until June 30, 2026, after which it will increase to 1.15%. Meanwhile, the SOLT ETF, which offers investors 2x leveraged exposure to Solana, will carry a 1.85% management fee. These ETFs will allow traditional investors to access Solana futures contracts without directly holding the cryptocurrency, similar to the structure used by Bitcoin and Ethereum futures ETFs. The ability to trade SOL ETFs on major US exchanges could significantly impact market liquidity, price discovery, and institutional adoption. The development comes at a time when the SEC is facing a leadership transition and increased political interest in cryptocurrency regulation.…
Filed under: News - @ March 20, 2025 6:18 pm