The archetypal Solana exchange-traded fund, oregon ETF, volition motorboat successful the US tomorrow, according to 1 firm’s effectual registration statement. Florida-based Volatility Shares LLC is launching a brace of funds tracking Solana futures connected Thursday, The Volatility Shares Solana ETF (ticker SOLZ) volition way Solana futures. Meanwhile, the Volatility Shares 2X Solana ETF (SOLT) volition connection doubly the leveraged exposure.
JUST IN: First Solana ETFs to motorboat successful the US tomorrow.
— Watcher.Guru (@WatcherGuru) March 19, 2025
Volatility Shares submitted their paperwork for their Solana SOL ETF backmost successful December 2024. While different large firms similar Grayscale and BlackRock inactive await support to launch, Volatility volition person the archetypal Solana token ETF of its benignant successful the US. “Our motorboat comes astatine a clip of renewed optimism for cryptocurrency innovation successful the US,” said Justin Young, the main enforcement serviceman of Volatility Shares. “We judge the Trump medication recognizes the strategical value of maintaining American enactment successful fiscal technology.”
Spot Solana SOL ETFs Next?
While Solana ETFs holding the coin straight aren’t presently available, experts presumption the Volatility Shares ETF arsenic a motion that a spot money for the SOL cryptocurrency is coming. Bitcoin and Ethereum (ETH) had akin paths earlier their crypto ETFs were approved successful 2024. Furthermore, ETF adept astatine Bloomberg Eric Balchunas predicts Solana SOL volition travel that path.
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“It’s the archetypal altcoin aft Ether to beryllium approved. But past has shown that ETF investors crave holding the carnal plus arsenic overmuch arsenic possible,” Balchunas says. “It could person immoderate issues erstwhile spot is approved.” Balchunas besides predicts that determination is simply a 75% accidental the archetypal spot Solana SOL ETF volition beryllium approved earlier the extremity of 2025.
Spot Bitcoin ETFs person amassed $92 cardinal since their debut successful January 2024. This is acold higher than Ethereum’s $6 billion, however, SOL could assistance some of its predecessor ETFs get backmost connected the close path. Solana SOL is up 6% already successful the past 24 hours pursuing the news. At property time, SOL sits astatine $131.24 but could surge beyond $150 successful the coming days if the archetypal SOL ETF performs well.
