Volatility Shares introduces new Solana futures ETFs, providing investors access to the sixth-largest cryptocurrency by market capitalization.
What Are Solana ETFs?
An ETF is a financial product that tracks the price of an asset or basket of assets, allowing investors to gain exposure without owning the asset directly. In this case, Volatility Shares Solana ETFs will track Solana futures, offering a straightforward way for investors to invest in the future price movements of Solana.
Key Features of the Solana ETFs
The SOLZ ETF tracks Solana futures with a management fee of 0.95%, which will increase to 1.15% in 2026. The SOLT ETF offers 2x leveraged exposure to Solana futures, doubling the return (or loss) relative to Solana's price movements. The management fee for SOLT is 1.85%.
A Step Toward a Spot Solana ETF
The launch of Solana futures ETFs is seen as a critical step towards the approval of a spot Solana ETF, which would directly hold Solana tokens. Historically, the SEC has been cautious with spot crypto ETFs but more receptive to futures-based ones.
The launch of Solana futures ETFs marks a significant milestone in providing investors with a more familiar and accessible way to invest in cryptocurrencies.
