- DTCC has listed the first Solana futures ETFs from Volatility Shares.
- The listing isn’t SEC-approved but is expected to draw more institutional interest.
- Analysts predict a high likelihood of a spot Solana ETF being approved by October 2025.
The Depository Trust & Clearing Corporation (DTCC) has listed the first Solana futures exchange-traded funds (ETFs) from Volatility Shares, marking a significant step for Solana’s expansion into traditional finance.
The newly listed ETFs—Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2X Solana ETF (SOLT)—provide leveraged exposure to Solana futures contracts. While the listing does not indicate approval from the U.S. Securities and Exchange Commission (SEC), it could attract greater institutional interest in Solana-based investment products.
Institutional Infrastructure Expands for Solana ETFs
The DTCC’s listing of Solana futures ETFs provides essential infrastructure for clearing and settlement, facilitating smoother trading. Previously, Solana futures were absent from regulated markets; however, Coinbase’s recent launch of CFTC-approved Solana futures contracts has altered this landscape.
Reason: Enhanced readability and sentence structure.
Bloomberg ETF analyst Eric Balchunas described this move as a strong indication that Solana futures are becoming more accessible. The development has drawn comparisons to Bitcoin and Ethereum ETF approvals, which relied on regulated futures markets before the SEC greenlit spot ETFs.
Rising ETF Approval Odds Amid Regulatory Shifts
The SEC has begun reviewing multiple applications for spot Solana ETFs from asset managers such as Grayscale, Bitwise, 21Shares, VanEck, and Canary Capital. With an October 2025 deadline for approval or rejection, analysts predict a high likelihood of approval.
Bloomberg analysts estimate a 70% chance of SEC approval, while Polymarket’s data suggests an 85% probability. The regulatory environment has shifted under the Trump administration, with the SEC appearing more open to crypto ETFs. If Solana follows the precedent set by Bitcoin and Ethereum, a spot Solana ETF could gain approval sooner than expected.
Despite these positive developments, Solana’s price has faced significant downward pressure. SOL recently dropped below $138, hitting its lowest price since October 2024.
The decline was influenced by multiple factors, including Binance’s reported plans to unlock and sell $2 billion worth of SOL, scam activities about Solana memecoins, especially the fallout from the Libra token scandal. Although the crypto market itself is at a redressing moment, Bitcoin and Ethereum have also recently struggled below recovery price.
Technical indicators also show a bearish outlook for SOL. Solana broke a crucial support level at $138, with the Chaikin Money Flow (CMF) indicator turning negative.
However, the potential approval of Solana ETFs could reverse sentiment. Institutional demand for spot Solana ETFs could introduce fresh liquidity into the market, helping stabilize the asset.
Highlighted Crypto for Today
