Volatility Shares Applies for Solana Futures ETF Approval with the US SEC

![Image=Nate Geraci X] (https://media.bloomingbit.io/prod/news/0cd76dfe-4bd1-4145-8097-10bf4832374a.webp)

Volatility Shares, a US fund management company, has recently applied to the US Securities and Exchange Commission (SEC) for a Solana (SOL) futures-based ETF.

On the 28th (local time), Nate Geraci, CEO of ETF Store, announced on X (formerly Twitter) that "Volatility Shares has applied for a futures-based Solana ETF. This ETF can be exposed to 1x, 2x, and -1x leverage."

Previously, in June, Volatility Shares launched the Ethereum futures ETF 'Volatility Shares 2x Ether Strategy ETF (ticker ETHU)'. Meanwhile, Eric Balchunas, a Bloomberg ETF analyst, evaluated that "the launch of a Solana futures ETF is a good signal for the possibility of launching a spot ETF."