News View Non-AMP

Solana Futures ETFs Listed on DTCC: Is a Spot ETF Next?

Published by
Mustafa Mulla

Solana just took a big leap toward mainstream finance. The Depository Trust and Clearing Corporation (DTCC) has listed two Solana futures ETFs – an important milestone that could pave the way for even bigger developments.

Why does this matter? In the world of ETFs, getting listed on the DTCC is often a key step before actual trading begins. And with the SEC currently reviewing multiple spot Solana ETF applications, this move has sparked fresh speculation: Could a spot Solana ETF be next?

Here’s what you need to know about this latest development.

Why DTCC Listing Matters

The DTCC plays a key role in the financial system by providing clearing and settlement services for trades. It recently added two Solana futures ETFs to its list:

  • Volatility Shares Solana ETF (SOLZ)
  • Volatility Shares 2x Solana ETF (SOLT)

This is a significant step because DTCC listing is often required before an ETF can start trading on exchanges.

This development comes as the U.S. Securities and Exchange Commission (SEC) reviews multiple applications for a spot Solana ETF. Some of the firms seeking approval include 21Shares, Bitwise, Canary, VanEck, and Franklin Templeton, which manages over $1.2 trillion in assets.

With Solana futures ETFs now listed, expectations for a spot Solana ETF are rising.

Only Two Out of Three Solana ETFs Made the List

Volatility Shares had initially filed for three Solana ETFs, offering exposure to Solana futures contracts with different leverage options. However, only the 1x and 2x leveraged ETFs were listed on the DTCC, while the -1x leveraged ETF was not included.

These funds are expected to invest in Solana futures contracts traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. At the time of filing, there were no such contracts available. However, earlier this month, Coinbase launched Solana futures contracts on its CFTC-regulated derivatives exchange, making futures trading possible.

Analysts See Positive Change

Bloomberg analyst Eric Balchunas called the DTCC listing a positive step toward spot ETF approval. However, he cautioned that it does not mean the ETFs are ready for trading yet. For example, VanEck’s spot Ethereum ETF took nearly two months after DTCC listing before it launched.

As U.S. regulators gradually open up to crypto ETFs, more asset managers are looking to launch ETFs for XRP, Litecoin, and Dogecoin.

With Solana’s futures ETFs now listed, the crypto market is watching closely to see if a spot Solana ETF will be next.

This move brings Solana one step closer to the big leagues—now, the market waits.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Bitcoin Records 2nd Consecutive Week of Cash Inflows: Is a Breakout Rally Coming?

Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto…

June 24, 2025

Solana Rebounds, But Still Remains on Thin Ice—Here’s the SOL Price Prediction for 2025!

Solana, the Ethereum killer, is showing signs of a strong comeback. After weeks of choppy…

June 24, 2025

Altseason vs Bitcoin 2025: Why Benjamin Cowen Is Betting on BTC

The wider cryptocurrency market, led by Bitcoin (BTC), has experienced rising short-term bearish sentiment amid…

June 24, 2025

Why Is the Crypto Market Going Up Today? BTC, ETH, XRP, and Pi Network Bounce Back Strong

After a nerve-wracking weekend packed with geopolitical tension and market dips, the crypto market is…

June 23, 2025

Ripple News: Can Billions of Dormant XRP Save the Token From Its $2 Breakdown?

It’s been a rocky weekend for XRP holders as the token’s price took a sharp…

June 23, 2025

Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005?

Story Highlights The live price of SHIB memecoin is SHIB token price could reach a…

June 23, 2025