Volatility Shares will launch two Solana futures ETFs on March 20th
PANews reported on March 20th, according to Cointelegraph, Volatility Shares will launch two futures ETFs based on Solana (SOL) on March 20th. They are the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).
According to documents from the U.S. Securities and Exchange Commission (SEC), the management fee for the Volatility Shares Solana ETF (SOLZ) is 0.95% until June 30, 2026, after which it will be raised to 1.15%. The Volatility Shares 2X Solana ETF offers investors a leverage of twice their investment with a management fee of 1.85%.
This application is for America's first-ever exchange-traded fund based on Solana; previously, Chicago Mercantile Exchange Group launched SOL futures contracts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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