Volatility Shares launched two Solana futures ETFs, SOLZ and SOLT, on March 20, 2025. SOLZ achieved an average trading volume of 80,000 units, approximately 1,250,000 USD, while SOLT reached around 140,000 units, or 2,160,000 USD.
Eric Balchunas from Bloomberg criticized the Solana ETFs for their low trading volumes compared to the Proshares Bitcoin ETF, which averaged 12 million units daily during its first week, underscoring the challenges the Solana ETFs might face in attracting investments.