The crypto industry is set to debut the first Solana Futures Exchange-Traded Fund (ETF), a significant development that can provide the way for the first Solana Spot ETF, as “next logical step” for crypto-based trade products, according to industry observers.
Sharing volatility launches two Solana (Sol) Futures ETF, volatility shares Solana ETF (Solz) and volatility shares 2x Solana ETF (Solt), on March 20.
The debut of the first Solana Futures ETF can bring significant new institutional adoption for the SOL token, according to Ryan Lee, Chief Analyst in Bitget Research.
The volatility shares the filing of Solana ETF Sec. Source: Sec
Analyst told Cointelegraph:
“Launching the first Solana ETF in the US can significantly strengthen the position in the Solana market by increasing demand and liquidity for Sol, which potentially narrow the gap to the Ethereum market cap.”
Solana ETF will grow the institutional adoption by “offering a regulated investment vehicle, which attracts billions of capital and boost Solana’s competitiveness against Ethereum,” said Lee, adding that “Ethereum’s hidden ecosystem remains a stressful obstacle.”
However, other industry participants are concerned that Solana Futures ETF will lead to investor’s failure due to a lack of flow, as we have seen in the launch of the Ether ETF, which is just a “Sidekick” in Bitcoin ETF In terms of flowing, as Bloomberg’s senior analyst Eric Balchunas predicted.
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Solana Futures ETF can see Failure Failures, but Solana ETF areas may follow
While Futures ETF may not bring significant flows, it legitimizes Solana’s status as a leading cryptocurrency, especially after the US president Donald Trump announced That his working group in digital assets will include Solana in the US Crypto Strategic Reserve, with Cardano’s (Ada) token and XRP (XRP).
“Solana ETFs are moving creating possible avenues for greater adoption,” according to Anmol Singh, co-founder of the bullet, a solana-royal continuous futures decentralized exchange.
Singh told Cointelegraph:
“The Solana Spot ETF has not been approved but has been given an increase in Solana and these Futures ETF will be a logical next step.”
“We can expect moderate flow to Futures ETF – the ETF spot is generally a better instrument for obtaining exposure and that will be the main milestone,” he added.
While the rate of adoption of futures ETF is hard to measure, an area Solana ETF can attract Between $ 3 billion to $ 6 billion of net assets in the first six months, which has been conducting the Ether ETF adoption rate, according to a JPMorgan report seen by Cointelegraph.
Sol and XRP ETP can attract $ 3-8 billion. Source: JP Morgan
“When applying so-called” adoption rates “to Sol and XRP, we see Sol attracting nearly $ 3 billion- $ 6 billion of net assets and XRP that accumulates $ 4 billion- $ 8 billion in net new properties,” reports.
However, “the timeline may Expand in 2026 Due to the SEC’s predecessor of the acquisition (…) 240–260 days to review the filings, ”said James Seyffart, Bloomberg Intelligence Analyst, on January 16.
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