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On 20 March, 2025 The first #SOL futures ETFs are set to launch on this day, marking a significant step toward the potential approval of a spot Solana ETF. Volatility Shares LLC is introducing two ETFs: the Volatility Shares Solana ETF (SOLZ), which tracks Solana futures, and the Volatility Shares 2X Solana ETF (SOLT), which provides leveraged exposure. These funds, the first to track Solana futures, come as issuers await the SEC’s decision on spot Solana ETFs, with analysts estimating a 75% chance of approval by year-end. The SEC has previously indicated that an established futures market is a key factor in approving spot crypto ETFs, making this launch particularly relevant. SOLZ will have a management fee of 0.95%, while SOLT traders will be charged 1.85%. As Solana, currently the sixth-largest cryptocurrency with a market cap of $66.5 billion, gains momentum with a 6% price increase in the past 24 hours, these ETFs could pave the way for broader institutional adoption. Several major issuers, including Grayscale, Franklin Templeton, and VanEck, have already filed for spot Solana ETFs, though regulatory decisions may be delayed until a new SEC chair is confirmed. With the growing demand for crypto investment products following the success of Bitcoin and Ether ETFs, the launch of Solana futures ETFs could play a crucial role in shaping the next phase of the market.