The volatility of actions launched the first ETFs of Solana Futures, marking a key step in the growing integration of cryptocurrency in the regulated financial markets.
The volatility of the shares launched the first ETFs in the long term Solana, marking a significant step forward in cryptocurrency investment products. The two ETFs, Volatility Shares 2x Solana Etf (Solt) and Solana Etf (Solz), are now listed on the deposit of trust and compensation (DTCC). This means that they are eligible for compensation and regulation via the DTCC infrastructure, to rationalize the negotiation process and to offer more security.
Earlier this month, Coinbase introduced Solara-term contracts regulated by CFTC, approaching the absence of a regulated term market for Solana. This decision helped open the door to the approval of the FNB Solana Futures, strengthening the case for Regulated crypto future.
In December 2024, volatility actions filed with the SEC, requesting the approval of three ETF focused on Solana. One of them was the -1x ETF Solana, which would give reverse exposure to Solana’s term contracts. However, at that time, there were no term contracts on Solana on the exchanges regulated by CFTC, which makes it clear how these ETFs could be launched. The approval and registration of FNB Solana Futures on DTCC now show that institutional investors show an increasing interest in cryptographic products. However, it is important to note that the DTCC list does not mean that the American sec has still officially approved ETF.
Coinbase actions earlier in the month were essential in the creation of a regulated Solana market. Before Coinbase’s decision, there were concerns about the absence of a clear regulatory framework for Solana Futures, which had delayed the introduction of ETF based on Solana’s term contracts. The launch by Coinbase Derivatives LLC of Solana Futures Corrects solved this problem, offering investors a regulated and secure means of negotiating Solana Futures. This has also increased the probability that Solana ETFs obtain regulatory approval in the future.
Some market analysts had speculated on the possibility that the long -term launch of Solana and XRP on the Chicago Mercantile Exchange (CME). A disclosed website seemed to be confirmed, suggesting a launch date on February 10. However, the CME quickly rejected this as an error and said that no decision had been made. However, the introduction of Solana’s term contracts regulated by Coinbase is considered a step in the right direction for institutional investors. It fills the gap between traditional finance and the world of cryptocurrencies, giving investors more confidence in the stability and legitimacy of Solana’s term contracts.
The launch of FNB Solana Futures and the appearance of regulated term contracts could possibly lead to the approval of a SPOT Solana ETF. Several asset management companies, such as Vaneck, 21Shares, Bitwise and Canary Capital, have already deposited ETF Solana, and their progress will be monitored closely. The DRI decision on these deposits will be an essential moment in the current battle for approval of more Cryptocurrency FNB.
Despite this progress in the regulatory space, Solana’s price has dropped slightly, reflecting continuous volatility on the market. Factors such as regulatory uncertainty and wider economic trends continue to influence the price of Solana and other cryptocurrencies. Market volatility remains a concern, but the measures taken by Coinbase and volatility actions highlight the growing integration of cryptographic assets in traditional financial systems.
