The first ETF Solana are landing today!

The context: the funds negotiated on the scholarships (or ETF) on Solana (soil) assets have been discussed for several months within the crypto industry. Several companies have notably made requests for these investment products in the United States.

ETF Solana arrive … But for future even if it does not yet concern ETF Solana on the Spot market, this launch is still important, especially after the arrival of SOL CONTRACTS on the CME earlier this week. Volshares (Volatility Shares) is therefore at the origin of this initiative by offering two ETF Solana for future (the first of its kind). This financial product is therefore added to previous launches concerning the Crypto market with Futures Bitcoin ETF which had been launched a long time ago. Even if the arrival of ETF Solana on the Spot market is long overdue, initiatives of this kind could strengthen requests with expected approval this year. Source: X. TICkers for these ETFs will be as follows: SOLZ and SOLT, with a lever effect of X2 for the latter. Institutional traders will therefore be able to strengthen their exhibition and activities related to the world of cryptocurrencies. In the event of success, so much of Solana’s trading on the CME and these Futures ETF, the ETF on the Spot market could be more and more inevitable. Indeed, since this could attest to a real interest on the part of the institutionals for the Solana cryptocurrency. Especially since the SEC has undertaken a very strong positive turn in terms of cryptocurrencies and has just abandoned the Ripple affair. A cryptocurrency that finds a smile even if the investors are impatiently awaiting the approval of an ETF Solana for the year 2025, these ETFs concerning the future are already a first step and a first accomplishment for Solana. Volatility could therefore potentially be put in the coming days, starting with today. After the announcement, the ground price did not really move, since Wednesday day was rather agitated by the announcement of the SEC concerning the Ripple affair. Floor/USD – Coinmarketcap. Indeed, if the ground had already started the day in the green, it strengthened its trend at the time of the announcement of the end of the trial. At the time of writing, the ground price is $ 132.84 after having lived a very good day (+6.86 %). Regarding the ETF Solana in cash, it will be necessary to wait to see the fate that the dry reserves for the initiatives of Vaneck, 21 Shares, Bitwise or Canary Capital. Morality of history: patience has its limits, that’s enough to make us wait more. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.

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