share_log
Moomoo 24/7 ·  Mar 21 05:53

The first-ever U.S.-based $Solana (SOL.CC)$ ETF is set to be launched via the Nasdaq exchange on the 20th of March, further bolstering the odds of spot ETF approval. According to a Bloomberg report, Volatility Shares LLC plans to launch two funds tracking SOL Futures markets.

The first fund, Volatility Shares $Solana ETF (SOLZ.US)$, will track SOL Futures, while Volatility Shares $2x Solana ETF (SOLT.US)$ will offer a twice-leveraged exposure to the crypto asset. Futures markets allow participants to speculate on SOL’s future price without owning the physical SOL asset.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
Comment Comment · Views 23.5k
Write a comment