Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.
According to Nate Geraci, president of The ETF Store VolatilityShares has recently proposed to launch a unique exchange-traded open-end index fund (ETF) based on Solana futures. As per the application, the proposed ETF will offer exposure to Solana futures with a variety of leverage options, including 1x, 2x, and -1x.
This diverse leverage structure is designed to cater to different risk appetites, enabling investors to potentially maximize their gains or hedge against market downturns.
The proposed ETF will focus on Solana futures, trading exclusively on exchanges registered with the Commodity Futures Trading Commission (CFTC). This ensures a regulated and secure environment for investors, adding credibility to the crypto investment space.
Solana, known for its lightning-fast transactions and low costs, has already captured the attention of the crypto community.
If approved, this ETF could give investors a unique way to benefit from Solana’s growing ecosystem while catering to both risk-takers and cautious players.
VolatilityShares is no stranger to innovation in the ETF market. The company previously introduced an innovative line of exchange-traded funds (ETFs) that offer 100% leveraged exposure to two assets at once.
This unique “one-plus-one” model allows investors to combine major asset classes like cryptocurrencies, stock indices, and market volatility in a single portfolio.
The new ETFs include options such as BTC+ETH, Nasdaq+ETH, S&P+BTC, S&P+ETH, S&P+Nasdaq, and S&P+VIX, bridging the gap between traditional markets and digital assets. This launch marks a bold step in simplifying diversified investments for modern investors.
According to our Solana price prediction, the altcoin might chug up to a maximum of $400 by 2025. Further, with a potential surge, the price of SOL could reach a maximum of $1,351 by 2030.
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