Two new products—Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2X Solana ETF (SOLT)—will begin trading tomorrow. SOLZ will track Solana futures, while SOLT offers 2x leveraged exposure, catering to more aggressive traders. The ETFs come with expense ratios of 0.95% (SOLZ) and 1.85% (SOLT).
Volatility Shares first filed for these ETFs in December 2023, tapping into growing investor demand for regulated crypto exposure.
While a spot Solana ETF is yet to be approved, these futures-based ETFs act as a stepping stone. Historically, both Bitcoin and Ethereum saw futures ETFs before spot ETFs received regulatory approval. Analysts believe a spot Solana ETF could follow soon, with current market sentiment leaning 88% in favor of approvals this year.
Despite crypto’s price volatility, institutional appetite remains strong. Spot Bitcoin ETFs have attracted $92 billion since launch, and interest in altcoins like Solana, Avalanche, and SUI is rising.
The regulatory landscape is also evolving, with the Trump administration’s pro-crypto stance fueling optimism. Major firms like Grayscale, VanEck, and Franklin Templeton have already filed for spot Solana ETFs—hinting that this is just the beginning.