Solana Futures ETFs Appear on DTCC List
The Depository Trust and Clearing Corporation (DTCC) has listed two proposed Solana futures exchange-traded funds (ETFs), marking a significant step toward broader institutional adoption of Solana-based investment products.
The funds, Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2x Solana ETF (SOLT), were spotted on the DTCC's list of exchange-traded funds on Wednesday. This marks the first Solana-based futures ETFs to appear on the list, fueling speculation that a spot Solana ETF may be on the horizon.
What This Means for Solana ETFs
The listing of Solana futures ETFs follows the SEC’s acknowledgment of multiple spot Solana ETF filings earlier this month. Issuers including 21Shares, Bitwise, Canary, and VanEck have filed proposals for spot Solana ETFs, indicating growing demand for regulated Solana investment products.
ETF analyst Eric Balchunas noted in December that futures-based ETFs could serve as a stepping stone toward spot ETF approvals, just as it did for Bitcoin and Ethereum. However, he also clarified that a DTCC listing does not guarantee immediate trading, but rather signals that issuers are preparing for a potential launch.
Solana’s Growing Institutional Interest
The move comes as major U.S. firms work to introduce exchange-traded products based on other altcoins, including XRP, Litecoin, and Dogecoin.
Meanwhile, Coinbase’s derivatives exchange recently introduced Solana futures contracts on its CFTC-regulated platform, paving the way for greater regulatory clarity.
As of today, Solana is trading at $141.20, with minor fluctuations in the past 24 hours. With futures ETFs now listed and spot ETFs under review, the institutional adoption of Solana appears to be gaining momentum.
