These funds, issued by Volatility Shares, a digital asset management firm, carry the names of Volatility Shares Solana ETF (Solz) and Volatility Shares 2x Solana ETF (Solt).
They premiered The first funds quoted in the Stock Exchange (ETF) of Futures de Solanaan advance that paves the way for the first ETF to arrive in the cash of Solana, which would imply a strong advance in the world of cryptocurrencies on traditional stock markets.
According to Bloomberg, Solz will track the futures contracts of the sixth most valuable currency in the digital asset marketwhile the Solt offers an excellent for double (2x) of the daily performance of futures contracts. That is, it seeks to amplify both profits and losses compared to the performance of sun futures.
Cryptomeneda.webp
Unlike Cash ETF (Spot), these financial instruments They do not invest directly in Solana but in futures contracts based on digital asset. In this regard, it is important to note that Solana’s futures are contracts to buy or sell cryptocurrencies at a fixed price in the future, with cash settlement.
The launch of the ETFs of Sol futures could sit down a regulatory precedent so that the Bag and Securities Commission (SEC) also approves the funds in cash in the United States.
Positive implications for Solana
According to experts, the launch to Solana Cash ETF Market will have a direct impact on asset pricesince it could increase exposure among institutional investors, in addition to injecting more liquidity into their ecosystem. That will generate an upward impulse in its quotation.
Despite this we must take into account other factors that will weigh in their valorization such as appetite for risk assets.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
