EddieJayonCrypto
27 Feb 25
The Depository Trust & Clearing Corporation (DTCC) has officially listed the first Solana futures ETFs from Volatility Shares, making them eligible for clearing and settlement through DTCC's central infrastructure. The newly listed products include the Volatility Shares 2x Solana ETF (SOLT) and the ...
The Depository Trust & Clearing Corporation (DTCC) has listed the first Solana futures ETFs from Volatility Shares, including the Volatility Shares 2x Solana ETF (SOLT) and the Volatility Shares Solana ETF (SOLZ). This move highlights the growing institutional interest in cryptocurrency investment products, particularly in Solana. The availability of regulated Solana futures contracts is seen as a positive step for institutional investors, bridging the gap between traditional finance and the crypto market. However, despite these developments, the SOL price has declined nearly 5% to $137.68, reflecting ongoing market volatility and regulatory uncertainty. Volatility Shares had initially filed with the SEC in December 2024, seeking approval for three Solana-focused ETFs. The listing of Solana futures ETFs on DTCC indicates growing institutional interest in cryptocurrency investment products. Coinbase Derivatives LLC also introduced CFTC-regulated Solana futures contracts, addressing concerns about the absence of a regulated Solana futures market and bolstering the case for regulatory approval of Solana ETFs. Despite the availability of regulated Solana futures contracts being a positive step for institutional investors, the SOL price has declined amidst market volatility and regulatory uncertainty.