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Volatility Shares seeks SEC approval for innovative Solana ETFs

Volatility Shares, renowned for its innovative ETFs, submitted a Request to the SEC for new Solana-focused ETFs. These funds will leverage Solana future contracts at varying levels, potentially 1x, 2x, and -1x, showcasing their ambition to capitalize on the Solana blockchain.

If greenlit by the SEC, Volatility Shares’ Solana ETFs would become the first in the U.S., following the footsteps of Bitcoin and Ethereum ETFs. These funds would allow investors to amplify profits or losses through 1x, 2x, or -1x leverage in the growing crypto market.

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