
Title: Will a Solana Futures ETF Emerge? Volatility Shares Files Application with the SEC.
Date: 28th December 2024
Is Solana Futures ETF Coming? Volatility Shares Submits Application to SEC
In recent news, an unexpected twist has been added to the ongoing saga of cryptocurrency exchange-traded funds (ETFs). The latest development is the filing of a Solana futures ETF application by none other than Volatility Shares.
The surprise move, announced on December 27th, comes as a significant turning point in the quest for mainstream crypto adoption. It must be noted that the primary purpose of this article is to provide an exhaustive overview of the recent events and delve deeper into the implications for the crypto market.
Background Information
For the uninformed, it’s essential to clarify what an ETF is – or what it does. Essentially, an ETF stands for Exchange-Traded Fund, which enables investors to participate in a broad range of assets within their portfolio without having to hold the actual asset itself. The main idea here is that you get exposure to different cryptos through a fund.
Source: bitcoinist.com