Behold, the crypto circus just got a shiny new act! Solana, the sixth-biggest crypto mogul, is leaping onto the ETF bandwagon with a pair of fresh-faced funds set to dazzle the U.S. on Thursday. These newbies, brought to you by the grandmasters at Volatility Shares, aren’t just any ETFsβthey’re futures-based fanfare!
Following the footsteps of Bitcoin and Ethereum, SOL is now the crypto community’s darling, stirring up a cauldron of hope. And guess what? This futures frolic might just be the warm-up for a spot Solana ETF down the road. Exciting, ain’t it? π€©
Bloomberg’s buzz tells us Volatility Shares whisked their papers to the U.S. SEC last December, and poof! Their twin ETFs are ready for their market debut on March 19, 2025. Ta-da! π©
Dig into the deets: The Volatility Shares Solana ETF (SOLZ) will shadow Solana Futures, while its cousin, the Volatility Shares 2X Solana ETF (SOLT), will double down on the thrill. And the price for this joyride? A mere 0.95% and 1.85% in fees. What a bargain! πΈ
βOur grand entrance coincides with a crypto renaissance in the US,β boasts Justin Young, the big cheese at Volatility Shares. βWe’re pretty sure the powers that be understand the importance of keeping America on top in the fintech game.β πΊπΈ
These ETFs are Solana’s first dance with the institutional crowd, letting investors dip their toes without getting their feet wet. But insiders are whispering about a full-on spot SOL ETF waltz in the future. Just like Bitcoin and Ethereum’s fancy footwork, you know? π
βItβs the altcoin trailblazer after Ether,β muses Bloomberg’s Eric Balchunas. βBut let’s not forget, ETF fans love getting their hands on the real deal. Could be a bumpy ride when the spot version rolls in.β π’
Read More
- Mech Vs Aliens codes β Currently active promos (June 2025)
- Honor of Kings returns for the 2025 Esports World Cup with a whopping $3 million prize pool
- Gold Rate Forecast
- Silver Rate Forecast
- Kanye βYeβ West Struggles Through Chaotic, Rain-Soaked Shanghai Concert
- Every Upcoming Zac Efron Movie And TV Show
- PUBG Mobile heads back to Riyadh for EWC 2025
- Superman: DCU Movie Has Already Broken 3 Box Office Records
- Gods & Demons codes (January 2025)
- USD CNY PREDICTION
2025-03-19 20:37