{"id":125412,"date":"2025-03-19T20:23:46","date_gmt":"2025-03-19T20:23:46","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125412"},"modified":"2025-03-19T20:23:46","modified_gmt":"2025-03-19T20:23:46","slug":"volatility-shares-launching-solana-futures-etfs-march-20","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125412","title":{"rendered":"Volatility Shares launching Solana futures ETFs March 20"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsVolatility Shares is launching two Solana (SOL) futures exchange-traded funds (ETFs), the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.<br \/>\nAccording to the Securities and Exchange Commission filing, SOLZ will feature a management fee of 0.95% until June 30, 2026, when the management fee will increase to 1.15%.<br \/>\nVolatility Shares\u2019 2X Solana ETF gives investors twice the leverage and will feature a 1.85% management fee.<br \/>\nVolatility Shares Solana ETF SEC filing. Source: SECThe filings represent the first Solana-based ETFs in the US and follow the Chicago Mercantile Exchange (CME) Group\u2019s debut of SOL futures contracts.<br \/>\nFollowing a leadership change at the SEC and the reelection of Donald Trump as president of the United States, asset managers and ETF firms have submitted a torrent of ETF applications to the SEC for approval.<br \/>\nRelated: Solana\u2019s 5th birthday: From pandemic origins to US crypto stockpile<br \/>\nCME Group debuts SOL futures<br \/>\nSOL futures went live on March 17 with a trading volume of approximately $12.1 million on the first day.<br \/>\nFor context, Bitcoin (BTC) futures debuted at over $102 million in volume on the first day of trading, and Ether (ETH) futures garnered over $30 million the day they launched.<br \/>\nDespite the relatively low volume, SOL futures contracts could help boost demand for the cryptocurrency from institutional investors and encourage price discovery.<br \/>\nSOL futures volume and open interest. Source: Chicago Mercantile ExchangeThe launch of SOL futures signaled the approval of SOL ETFs in the United States as financial regulators embrace digital assets amid a policy pivot.<br \/>\nAccording to Chris Chung, founder of Titan \u2014 a Solana-based swap platform \u2014 the CME\u2019s futures indicate that SOL is now a mature asset capable of attracting institutional interest.<br \/>\nChung added that the launch of SOL futures and ETFs position Solana as a blockchain network poised for real-world use cases such as payments, not just a memecoin casino.<br \/>\nETFs could also allow investor capital to flow into SOL, creating a sustained rally in the altcoin that competitors lacking an ETF might miss out on.<br \/>\nThe launch of Bitcoin ETFs in 2024 is widely believed to have siloed institutional capital away from the rest of the crypto market, preventing capital rotation from BTC into altcoins and upending altseason.<br \/>\nMagazine: Memecoins are ded \u2014 But Solana \u2018100x better\u2019 despite revenue plunge<a href=\"https:\/\/cointelegraph.com\/news\/volatility-shares-launch-solana-futures-etfs-march-20?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsVolatility Shares is launching two Solana (SOL) futures exchange-traded funds (ETFs), the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125412"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125412"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125412\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125412"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}