menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

First-Ever...
source image

Zycrypto

1w

read

174

img
dot

Image Credit: Zycrypto

First-Ever U.S-Based Solana Futures ETFs To Begin Trading Today, Bringing Spot ETFs Closer To Reality

  • The first-ever U.S-based Solana futures ETFs are set to begin trading, marking a milestone for potential spot Solana ETFs in the country.
  • Florida-based asset manager Volatility Shares LLC is launching two ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), tracking Solana futures contracts.
  • The launch of these futures-based ETFs could be a stepping stone towards obtaining spot Solana ETFs, which would enable direct exposure to the altcoin.
  • Multiple asset managers have filed with the SEC to launch spot Solana ETFs, with analysts estimating a 70% chance of approval by the end of the year.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app