VolatilityShares Files for Solana Futures ETF with Leverage
- VolatilityShares filled a Solana futures ETF with leverage options for diverse risk profiles.
- The ETF aims to provide regulated exposure to Solana’s growing blockchain ecosystem.
- VolatilityShares innovates with ETFs combining cryptocurrency, stock indices, and volatility.
VolatilityShares is a leading firm dealing with the provision of unique exchange-traded funds (ETFs) in the financial market. The firm has submitted to the US Securities and Exchange Commission (SEC) a proposed rule change to list an ETF that tracks Solana futures. This would enable the investors to invest in Solana’s blockchain ecosystem through a regulated investment vehicle enabling them to participate in the cryptocurrency market.
Solana Futures Exposure
The proposed ETF will be on Solana futures with leveraged options of 1x, 2x and -1x. This structure has been developed to accommodate investors of all risk profiles. The 1x leverage will provide normal trading conditions for Solana futures, while the 2x will increase the returns. The -1x option for investors will provide an opportunity of hedging against possible market trends.
Solana has become popular in the cryptocurrency world because of its high transaction speed and low fees. Due to its size and speed, it has become one of the most used in decentralized applications and smart contracts. The proposed ETF is meant to help investors achieve exposure to Solana’s ecosystem as it continues to grow.
The ETFs would be primarily listed on the CFTC approved exchanges which means that the ETFs will only trade in a regulated manner. This is to help secure and increase the integrity of the investment as the cryptocurrency market expands in the future.
Innovative ETF Offerings
VolatilityShares is not new to altering the dynamics in this segment of the ETF market. The firm also launched ETFs earlier this year that offer leveraged exposure to several assets at once. For instance, it launched products that give exposure to cryptocurrency, stock market indices & volatility in one portfolio. Some of these multi-asset ETFs are BTC/ETH, S&P/BTC, and Nasdaq/ETH among others.
The firm’s current proposal follows this trend of presenting unique investment products. Through Solana futures, VolatilityShares seeks to provide a new means for investing in Solana and at the same time give the investor a way to decide on the amount of risk to take.
If regulators approve, the Solana futures ETF will extend the connection between traditional finance and the crypto market even further. It could give both retail and institutional investors a compliant way of investing in the future returns of Solana and the overall cryptocurrency ecosystem.
The post VolatilityShares Files for Solana Futures ETF with Leverage appeared first on CryptoTale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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