Tomorrow, March 20th, the first Futures de Solana (SOL) ETF will be released in the US.
These funds issued by Volatility Stock, a digital asset management company; They list the names of volatility stocks: Solana ETF (Solz) and Volatility stocks: 2x Solana ETF (SOLT).
As reported by Bloomberg, Saltz tracks futures contracts for the sixth most valuable currency in the digital asset market, while Fold offers a double (double) display of the daily performance of futures contracts. In other words, they are trying to amplify both profits and losses compared to Sun Futures’ performance.
Unlike Etf al Cash (Spot), these financial products They invest directly in futures contracts based on digital assets, not Solana.
Solana Futures is a contract that buys and sells cryptocurrencies at a fixed price in the future, along with cash payments.
From the announcement, Sun prices have risen by more than 6% It has cited more than $130 at the time of this publication.
The launch of Sol Futures ETFs could sit at a regulatory precedent, ensuring the Bags and Securities Commission (SEC) approves funds with US cash.
As reported by Cryptonotics, six companies submitted a request to list these financial instruments through direct contact with SOL.
The launch of the ETF market in Solana’s sole will have a direct impact on the price of the asset, as it could increase exposure among institutional investors. In addition to injecting more fluidity into that ecosystem. It creates an upward impulse in that quote.
But it is worth clarifying that this may be the case too. A sample of this is what’s happening in Ether (ETH), the native currency of Ethereum, which started in July 2024 and does not have the same performance as Bitcoin (BTC).
Donald Trump’s arrival to the US presidency and Gary Gensler’s departure to head of the SEC They revive the heat generation of investment products based on digital assets.
Throughout his campaign, Republican leaders had pledged friendly regulations with the sector to turn the country into a global cryptocurrency capital.
As reported by Cryptonotics, Trump has signed an executive order to comply with what was promised and develop a comprehensive and clear regulatory framework for digital assets to create a working group on cryptocurrency.
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