Volatility Shares Submits Solana Futures ETF Application to SEC: What Investors Need to Know

On December 28th, COINOTAG News reported that Nate Geraci, President of ETF Store, revealed via social media that Volatility Shares has officially filed an application for a new exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This innovative ETF is based on Solana futures and aims to offer investors varied exposure options, including 1x, 2x, and -1x leverage. The introduction of Solana futures contracts represents a significant advancement in the market, as they are exclusively traded on exchanges that are registered with the Commodity Futures Trading Commission (CFTC). As interest in cryptocurrencies continues to surge, this ETF could provide investors with unique opportunities to gain exposure to the Solana ecosystem while utilizing sophisticated leverage strategies.