Volatility Shares Seeks to Launch First Solana ETFs

On March 20, Solana exchange-traded funds (ETFs) will make their debut on Wall Street. Florida-based Volatility Shares LLC is launching two ETFs to track Solana futures.

The Volatility Shares Solana ETF (Nasdaq: SOLZ) will track Solana futures, while the Volatility Shares 2X Solana ETF (Nasdaq: SOLT) will offer double leveraged exposure to the asset’s price movements.

These crypto ETFs provide a way for investors to gain exposure to Solana without directly holding the asset.

Solana, the sixth-largest cryptocurrency, boasts a market capitalization exceeding $66 billion and recently celebrated its fifth anniversary on March 16.