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Solana Futures ETFs Listed on DTCC, Spot ETF Hopes Rise


Solana Futures ETFs Listed on DTCC, Spot ETF Hopes Rise

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  • Volatility Shares’ two Solana futures ETFs have been listed on the DTCC
  • Last week, asset management firm Franklin Templeton filed for a spot Solana ETF
  • SEC has begun reviewing applications for XRP ETFs

Two Solana futures ETFs from Volatility Shares have been listed on the Depository Trust & Clearing Corporation (DTCC). These ETFs offer 1x and 2x leveraged exposure to Solana futures contracts, giving investors new ways to engage with Solana’s market performance.

This is just the latest development in the cryptocurrency market that could indicate considerable progress toward the approval of both Solana spot ETFs and XRP futures ETFs.

Franklin Templeton Files for Spot Solana ETF

Last week, asset management firm Franklin Templeton filed for a spot Solana ETF, seeking to track the cryptocurrency’s spot price. The proposed ETF is set to be listed on the Cboe BZX Exchange, with Coinbase acting as the custodian for Solana holdings.

As for XRP, the US Securities and Exchange Commission (SEC) has begun reviewing applications for XRP ETFs, signaling potential advancements in this area. Some analysts, like James Seyffart and Eric Balchunas, estimate a 65% approv…

The post Solana Futures ETFs Listed on DTCC, Spot ETF Hopes Rise appeared first on Coin Edition.

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$ 1.11

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