Solana futures ETF to grow institutional adoption, despite limited inflows

5 days ago

The crypto manufacture is acceptable to debut the archetypal Solana futures exchange-traded money (ETF), a important improvement that whitethorn pave the mode for the archetypal Solana spot ETF, arsenic the “next logical step” for crypto-based trading products, according to manufacture watchers.

Volatility Shares is launching 2 Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), connected March 20.

The debut of the archetypal Solana futures ETF whitethorn bring important caller organization adoption for the SOL token, according to Ryan Lee, main expert astatine Bitget Research.

The expert told Cointelegraph:

“The motorboat of the archetypal Solana ETFs successful the US could importantly boost Solana’s marketplace presumption by expanding request and liquidity for SOL, perchance narrowing the spread with Ethereum’s marketplace cap.”

The Solana ETF volition turn organization adoption by “offering a regulated concern vehicle, attracting billions successful superior and reinforcing Solana’s competitiveness against Ethereum,” said Lee, adding that “Ethereum’s entrenched ecosystem remains a formidable barrier.”

Still, different manufacture participants are acrophobic that the Solana futures ETF volition pb to capitalist disappointment owed to a deficiency of inflows, arsenic we’ve seen with the spot Ether ETF launch, which was lone a “sidekick” to Bitcoin ETFs successful presumption of inflows, arsenic predicted by Bloomberg’s elder ETF analyst, Eric Balchunas.

Solana futures ETF whitethorn spot disappointing inflows, but spot Solana ETFs whitethorn beryllium next

While the futures ETF whitethorn not bring important inflows, it legitimizes Solana’s presumption arsenic a apical cryptocurrency, particularly aft US President Donald Trump announced that his Working Group connected Digital Assets would see Solana successful the US crypto strategical reserve, on with Cardano’s (ADA) token and XRP (XRP).

“Solana ETFs are successful question creating the imaginable avenues for much wide-scale adoption,” according to Anmol Singh, co-founder of Bullet, a Solana-native perpetual futures decentralized exchange.

Singh told Cointelegraph:

“Solana spot ETF is yet to beryllium approved but fixed the accrued consciousness astir Solana and the Futures ETFs this would beryllium a logical adjacent step.”

“We tin expect mean inflows into the futures ETF - spot ETF is mostly a amended instrumentality for getting vulnerability and that volition beryllium the large milestone,” helium added.

While the adoption complaint of futures ETFs is hard to measure, a spot Solana ETF whitethorn attract betwixt $3 cardinal to $6 cardinal of nett assets successful the archetypal six months, eclipsing the adoption complaint of Ether ETFs, according to a JPMorgan study seen by Cointelegraph.

“When applying these alleged “adoption rates” to SOL and XRP, we spot SOL attracting astir $3 billion-$6 cardinal of nett assets and XRP gathering $4 billion-$8 cardinal successful nett caller assets,” the study stated.

However, “the timeline could extend into 2026 owed to the SEC’s precedent of taking […] 240–260 days to reappraisal filings,” James Seyffart, Bloomberg Intelligence analyst, said connected Jan. 16.