Volatility Shares plans to launch two Solana futures ETFs on March 20: the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).
According to the SEC filing, SOLZ will have a management fee of 0.95% through June 30, 2026, after which it will rise to 1.15%.
The Solana 2X ETF, which offers investors double leverage, will have a management fee of 1.85%.
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These are the first Solana-based ETFs in the US, following CME Group's introduction of SOL futures contracts.
With a change of leadership at the SEC and the re-election of Donald Trump as president, there has been a flurry of ETF applications submitted for approval.