Volatility Shares announced the launch of the first Solana futures ETFs in the United States: Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2X Solana ETF (SOLT).
What Are Solana ETFs?
An ETF, or exchange-traded fund, is a financial product that tracks the price of an asset or a basket of assets, allowing investors to gain exposure without directly owning it. In this case, the Volatility Shares Solana ETFs will track Solana futures, providing an easy way for investors to invest in Solana's future price movements.
Key Features of the Solana ETFs
The SOLZ ETF will track Solana futures with a management fee of 0.95%, slightly increasing to 1.15% in 2026. The SOLT ETF offers 2x leveraged exposure to Solana futures, meaning it delivers twice the returns (or losses) based on 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 key step toward the approval of a spot Solana ETF by the U.S. Securities and Exchange Commission (SEC). Historically, the SEC has been cautious about approving spot cryptocurrency ETFs but more receptive to futures-based ETFs. Analysts believe Solana could follow a similar path.
The launch of the first Solana futures ETFs represents an important step in integrating cryptocurrency into traditional investment products and may pave the way for a future spot ETF.