Solana Futures ETFs Launched, Paving Way for Spot Approval

According to Odaily, Bloomberg ETF analyst Eric Balchunas announced on the X platform that Volatility Shares has introduced two ETFs tracking Solana futures: the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT). The fees for these ETFs are set at 0.95% and 1.85%, respectively. This launch is anticipated to facilitate the approval of a spot Solana ETF, which is expected to occur later this year.