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SOLZ's management fee will be 0.95% until June 30, 2026, then increase to 1.15%.
Volatility Shares plans to launch Solana futures ETFs on March 20
March 20, Volatility Shares is launching two #Solana futures exchange-traded funds (ETFs): the Volatility Shares Solana #ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT). As stated in a statement from the Securities and Exchange Commission, the management fee for SOLZ will be 0.95% until June 30, 2026, after which it will increase to 1.15%. 2X Solana ETF from Volatility Shares will provide investors with double leverage with a management fee of 1.85%. These filings are the first Solana-based ETFs in the U. S. and follow the launch of #SOL futures contracts on the Chicago Mercantile Exchange (CME) Group. In the wake of the SEC staff reshuffle and Donald Trump's re-election as U. S. president, asset managers and ETF companies have filed numerous ETF approval applications with the SEC. SOL futures began trading on March 17, posting trading volume of about $12.1 million on the first day. By comparison, #bitcoin futures had more than $102 million in trading volume on the first day and ether futures had more than $30 million in trading volume at launch. Despite the relatively modest volumes, SOL futures contracts can help boost demand for cryptocurrency from institutional investors and assist in pricing. The launch of SOL futures has signaled the approval of SOL ETFs in the U. S. , showing that financial regulators are ready for digital assets amid policy changes. Chris Chang, founder of Titan, a swaps platform based on Solana, says the launch of SOL futures on the CME signals the maturity of SOL as an asset that can attract the interest of institutional investors.
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