Table content
# Solana ETF Ready for Debut in the US Arena
Attention, digital currency aficionados! According to news sources, the initial Exchange Traded Fund (ETF) monitoring Solana futures is formally entering the US marketplace on Thursday, March 20, 2025.
News agencies indicate that Volatility Shares, an investment administration enterprise located in Florida, has been authorized to introduce a Solana (SOL) futures ETF. This introduction occurs when the US Securities and Exchange Commission (SEC) is loaded with requests for spot ETFs.
Volatility Shares Solana ETF will operate under the symbol SOLZ and will monitor Solana futures with an expenditure proportion of 0.95%.
They are not stopping here! Volatility Shares 2X Solana Futures ETF Debuts, Value Climbs: We’re Demolishing Obstacles ETF, with the ticker SOLT, will provide a 2x leveraged coverage and will come with an expenditure proportion of 1.85%.
The debut of these Solana futures ETFs also corresponds with Bitnomial, a digital currency derivatives exchange controlled by the Commodity Futures Trading Commission, declaring the introduction of its XRP (XRP) futures on March 20, 2025. The exchange asserts this will be the initial XRP futures agreement in the US. This introduction follows the SEC’s choice to abandon its appeal against Ripple.
Volatility Shares, which is situated in Florida, initially submitted its request with the SEC to list and trade SOLZ and SOLT back in December 2024.
CEO of the enterprise, Justin Young, stated that the introduction of these two products occurs when the US marketplace is regaining confidence. This is because President Donald Trump is directing a pro-crypto administration, which industry specialists consider will assist in transforming the US into the digital currency capital of the globe.
The US already possesses spot and futures ETFs for Bitcoin (BTC) and Ethereum (ETH).
Specialists consider that this alteration in regulatory strategy is merely the initial action in conveying additional digital asset investment products to the marketplace.
As per Eric Balchunas, a top ETF expert over at Bloomberg, the debut of a Solana futures ETF might be a sign that the U.S. Securities and Exchange Commission (SEC) is close to giving the green light to a SOL fund for immediate delivery.
However, Balchunas mentioned that the Volatility Shares’ fund could face challenges once a fund for immediate delivery gets approved, given that investors might favor an ETF for immediate delivery.
