Solana ETF set to debut in the U.S

The long-term funds on the funds negotiated in exchange for Solana will be officially launched in the United States for the first time on Thursday, March 20, 2025, Bloomberg reported.

According to the Bloomberg reportVolatility Shares, an active manager based in Florida, is approved to start the Solana (GROUND) ETF in the long term. The launch comes in the middle of a burst of Spot ETF applications currently in front of the Securities and Exchange Commission of the United States. Follow -up of future.

The volatility shares Solana ETF, with Ticker Solz, will follow the term contracts on Solana and will have a 0.95%spending ratio.

Meanwhile, the other company’s other funds, the volatility shares 2x ETF Solana, with Ticker Solt, will offer leverage exposure to 2x and will carry a spending ratio of 1.85%.

The beginnings for the two ETFs of Solana Futures also came under the name of Bitnomial, an exchange of crypto derivatives regulated by the Commodity Futures Trading Commission, announced its XRP (Xrp) The term contracts will be posted on March 20, 2025. The exchange said that it will be the very first XRP contract in the United States, its launch follows the dry The exploitation of his call against Ripple.

Volatility actions based in Florida first requested the registration and trading of Solz and Solt from the SEC in December 2024.

According to Justin Young, the CEO of the company, the launch of the two products arrives at a time when the American market benefits from a renewal of optimism. This occurs while President Donald Trump runs a pro-Crypto administration which, according to industry players, will help the United States as the cryptographic world capital.

The United States is already boasting of Bitcoin (BTC) and Ethereum (Ethn) ETF spot and future.

However, experts believe that the change in the regulatory approach is only the first step towards the market of more digital asset investment products.

The ETF Solana offering exposure to the future, according to the main analyst of Bloomberg ETF, Eric Balchunas, indicates that the dry could soon approve the SPOT funds for soil.

However, Balchunas notes that with investors likely to promote the FNB Spot, volatility funds could fight once accounting funds receive approval.