Volatility Shares has taken a significant step by submitting a proposal to the U.S. Securities and Exchange Commission (SEC) for launching Solana futures-based ETFs. The proposal introduces products that provide 1x, 2x leveraged, and -1x inverse exposure to Solana futures.
This innovative approach allows traders to capitalize on both upward and downward movements in Solana's price. By offering these varied exposure options, Volatility Shares aims to attract traders seeking versatility in their trading strategies.
Market participants are curious if this move might pave the way for a spot ETF, further expanding Solana's exposure in the investment market.
