Solana Futures ETFs Begin Trading, Spot ETF Approval Likely
- Volatility Shares’ Solana futures ETFs start trading after a DTCC listing in February.
- Bloomberg analysts estimate a 75% chance of spot Solana ETF approval this year.
- The SEC has not yet approved a spot Solana ETF.
- A proposal for a -1x Solana ETF to short futures has been submitted.
- Solana’s market value is approximately $67 billion, with SOL trading at $130.
The launch of Solana futures ETFs indicates growing institutional interest, with analysts predicting a high likelihood of spot ETF approval. Despite current challenges, Solana remains valued at around $67 billion.
Source (2.6)https://cryptobriefing.com/solana-futures-etfs-debut/?rand=59535
