Volatility Shares surprises the market by filing for three new ETFs dedicated to Solana futures contracts. The funds aim to provide exposure, investing exclusively in contracts on CFTC-registered exchanges. This filing indicates new possibilities for Solana futures products in the near future.
Eric Balchunas, an ETF analyst, views this as a positive indicator, suggesting it could enhance prospects for spot ETF approvals. Such a development may positively impact future crypto ETF markets, affecting regulations, especially within the context of digital asset investment.
Nate Geraci speculates this move could signal a shift towards the CFTC in regulating digital assets, potentially outpacing the SEC. Volatility Shares’ previous success with Bitcoin and Ether ETFs suggests they are pioneering new paths for crypto-based investment products.