Solana ETF Futures Begins Trading in the US

Bittime - Solana finally got its futures-based Exchange-Traded Fund (ETF) officially traded in the United States. 

This move provides a new opportunity for investors to gain exposure to Solana without having to directly purchase the underlying asset. 

This ETF is expected to increase institutional adoption of Solana and strengthen its position as one of the main crypto assets in the global market.

Read more about Solana ETF Futures which has started trading in the United States via this article!

Solana Futures ETF Trading Officially Begins on Nasdaq

The futures-based Solana Exchange-Traded Fund (ETF) officially began trading in the United States, giving investors a new way to gain exposure to the cryptocurrency. 

Volatility Shares, a Florida-based ETF issuer, has launched two ETF products that track the price of Solana via futures contracts. The two ETFs, namely the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2x Solana ETF (SOLT), are now available on the Nasdaq exchange.

SOLZ will follow Solana price movements based on futures contracts recently introduced by Coinbase's derivatives division. 

Meanwhile, SOLT is designed to offer magnified returns with a leverage factor of 2x. The launch of this ETF marks an important milestone in the integration of crypto assets into traditional financial markets.

Read also: BlackRock Potentially Proposes XRP and Solana ETFs

Impact on Solana Regulations and Markets

The launch of this Solana futures-based ETF also provides an indication that the US Securities and Exchange Commission (SEC) is increasingly recognizing Solana's status as a commodity, not a security. 

While the SEC is still considering multiple filings for a Solana spot ETF, the debut of this futures ETF represents a step forward in regulatory acceptance.

Since Volatility Shares first filed for a Solana futures-based ETF last December, the company has received approval allowing trading of this product in the US. However, their plans to launch a Solana ETF with negative leverage are currently still on hold.

Market Reaction and Solana Price Performance

The launch of this ETF coincided with increased institutional interest in Solana, especially after Solana futures contracts began trading on the Chicago Mercantile Exchange (CME). On its first day of trading on CME, the contract recorded $12.3 million in transaction volume.

In response to this news, Solana's price saw an increase of 5%, reaching $130 in Wednesday trading. 

However, in the last month, this asset experienced a decline of around 27% due to market uncertainty triggered by US economic policy.

Read also: Solana Will Release 11.2 Million Tokens! This is the SOL Price Prediction after Unlock

The Future of Solana ETFs and the Crypto Industry

The success of the Solana futures ETF could pave the way for other crypto investment products in the future. 

Analysts believe that with increasing demand for crypto-based investment products, the SEC will likely reconsider its position on Solana spot ETFs and other digital assets.

Meanwhile, with this ETF now available on Nasdaq, investors have more options to gain exposure to Solana without having to own the underlying asset. This move could also accelerate the adoption of Solana among institutional and traditional investors.

The launch of this ETF is not only good news for the Solana community, but also for the crypto industry as a whole. With regulations maturing and innovative financial products continuing to emerge, the future of crypto investing in the US looks increasingly bright. 

FAQs about Solana ETFs

What is a Solana ETF?

The Solana ETF is an Exchange-Traded Fund (ETF) that tracks the price of Solana (SOL) via futures contracts. This ETF allows investors to gain exposure to Solana price movements without having to buy or hold the crypto asset directly.

Is there an ETF for Solana?

Yes, there is currently a futures-based ETF for Solana that is trading in the US. Volatility Shares has launched two Solana futures ETFs, viz Volatility Shares Solana ETF (SOLZ) And Volatility Shares 2x Solana ETF (SOLT), which is now available on Nasdaq.

When will the Solana ETF be approved?

The Solana futures ETF was first filed by Volatility Shares in December 2024 and began trading officially in March 2025 after receiving approval from regulators.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

Andre Beganski, First Solana Futures ETFs in US Set to Begin Trading Thursday, Accessed March 20, 2025

Author: SD