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News

Volatility Shares Solana ETFs With Up To 2x Leverage Proposed With SEC

13 hours ago - Around 2 mins mins to read

Key Points:

  • Volatility Shares has filed an application with the SEC for the first leveraged Solana ETFs in the U.S.
  • If approved, the Volatility Shares Solana ETFs would become a significant addition to the growing market for cryptocurrency-based financial products.
Volatility Shares, a financial firm noted for its innovative ETFs, is now pushing the SEC to approve new Solana-based ETFs.
Volatility Shares Solana ETFs With Up To 2x Leverage Proposed With SEC

Read more: Solana ETF Takes Spotlight as Grayscale Targets SEC Approval  

Volatility Shares Solana ETFs Seek SEC Approval

The Volatility Shares Solana ETFs will be based on Solana’s future contracts and will provide 1x, 2x, and -1x leveraged exposure.

Nate Geraci, president of The ETF Store, said the firm had filed an application for an exchange-traded, open-end index fund linked to Solana futures that would trade only on exchanges registered with the Commodity Futures Trading Commission. Leveraged ETFs let investors multiply possible returns or losses and are super popular in traditional finance markets.

Leveraged Solana ETFs Might Be A Milestone Setter in the US Crypto Market

The proposed Volatility Shares Solana ETFs are coming at a time when the success of spot Bitcoin and Ethereum ETFs, together with a more friendly regulatory environment to cryptocurrency, is driving optimism in the crypto asset market. These events have increased confidence in the potential approval of Solana ETFs in the near future.

If approved by the SEC, the Volatility Shares Solana ETFs would be the first set of leveraged Solana ETFs available to U.S. markets. In May, Volatility Shares launched the Volatility Shares 2x Ether ETF (ETHU), the first leveraged Ethereum ETF in the United States.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

SOL

Solana

Solana ETF

Volatility Shares

Volatility Shares Solana ETFs

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.