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Solana futures ETF to grow institutional adoption, despite limited inflows

Solana futures ETF to grow institutional adoption, despite limited inflows

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Source: Coin Telegraph

The approval of the first spot Solana ETF may be the “next logical step” after the debut of the SOL futures ETFs, industry watchers told Cointelegraph.

The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers.

Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.

The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.

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Author: Zoltan Vardai