Solana futures ETF to grow institutional adoption, despite limited inflows

The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers.
Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.
The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.
Volatility Shares Solana ETF SEC filing. Source: SEC
The analyst told Cointelegraph:
“The launch of the first Solana ETFs in the US could significantly boost Solana’s market position by increasing demand and liquidity for SOL, potentially narrowing the gap with Ethereum’s market cap.”
The Solana ETF will grow institutional adoption by “offering a regulated investment vehicle, attracting billions in capital and reinforcing Solana’s competitiveness against Ethereum,” said Lee, adding that “Ethereum’s entrenched ecosystem remains a formidable barrier.”
Still, other industry participants are concerned that the Solana futures ETF will lead to investor disappointment due to a lack of inflows, as we’ve seen with the spot Ether ETF launch, which was only a “sidekick” to Bitcoin ETFs in terms of inflows, as predicted by Bloomberg’s senior ETF analyst, Eric Balchunas.
Related: Bitcoin beats global assets post-Trump election, despite BTC correction
Solana futures ETF may see disappointing inflows, but spot Solana ETFs may be next
While the futures ETF may not bring significant inflows, it legitimizes Solana’s status as a top cryptocurrency, especially after US President Donald Trump announced that his Working Group on Digital Assets would include Solana in the US crypto strategic reserve, along with Cardano’s (ADA) token and XRP (XRP).
“Solana ETFs are in motion creating the possible avenues for more 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 be approved but given the increased awareness around Solana and the Futures ETFs this would be a logical next step.”
“We can expect moderate inflows into the futures ETF – spot ETF is generally a better instrument for getting exposure and that will be the major milestone,” he added.
Related: Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance Redefined
While the adoption rate of futures ETFs is difficult to measure, a spot Solana ETF may attract between $3 billion to $6 billion of net assets in the first six months, eclipsing the adoption rate of Ether ETFs, according to a JPMorgan report seen by Cointelegraph.
SOL and XRP ETPs could attract $3–8 billion. Source: JP Morgan
“When applying these so-called “adoption rates” to SOL and XRP, we see SOL attracting roughly $3 billion-$6 billion of net assets and XRP gathering $4 billion-$8 billion in net new assets,” the report stated.
However, “the timeline could extend into 2026 due to the SEC’s precedent of taking […] 240–260 days to review filings,” James Seyffart, Bloomberg Intelligence analyst, said on Jan. 16.
Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge
Bitcoin (BTC) $ 105,767.00
Ethereum (ETH) $ 2,571.51
Tether (USDT) $ 0.999997
XRP (XRP) $ 2.18
BNB (BNB) $ 651.60
Solana (SOL) $ 155.94
USDC (USDC) $ 0.999798
Dogecoin (DOGE) $ 0.176159
TRON (TRX) $ 0.271569
Lido Staked Ether (STETH) $ 2,569.30
Cardano (ADA) $ 0.637906
Hyperliquid (HYPE) $ 41.95
Wrapped Bitcoin (WBTC) $ 105,707.00
Wrapped stETH (WSTETH) $ 3,102.70
Sui (SUI) $ 3.07
Bitcoin Cash (BCH) $ 460.20
Chainlink (LINK) $ 13.43
LEO Token (LEO) $ 9.27
Avalanche (AVAX) $ 19.39
Stellar (XLM) $ 0.259503
Toncoin (TON) $ 3.00
Shiba Inu (SHIB) $ 0.000012
USDS (USDS) $ 0.999928
WETH (WETH) $ 2,569.76
Wrapped eETH (WEETH) $ 2,749.60
Hedera (HBAR) $ 0.156153
Litecoin (LTC) $ 86.60
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Ethena USDe (USDE) $ 0.999830
Polkadot (DOT) $ 3.85
Monero (XMR) $ 315.90
WhiteBIT Coin (WBT) $ 39.65
Bitget Token (BGB) $ 4.54
Coinbase Wrapped BTC (CBBTC) $ 105,699.00
Pepe (PEPE) $ 0.000011
Pi Network (PI) $ 0.601544
Uniswap (UNI) $ 7.31
Aave (AAVE) $ 278.09
Dai (DAI) $ 0.999641
Ethena Staked USDe (SUSDE) $ 1.18
Bittensor (TAO) $ 372.86
OKB (OKB) $ 51.46
Internet Computer (ICP) $ 5.60
Aptos (APT) $ 4.58
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
NEAR Protocol (NEAR) $ 2.26
Cronos (CRO) $ 0.091364
Jito Staked SOL (JITOSOL) $ 188.33
Tokenize Xchange (TKX) $ 32.44
Ethereum Classic (ETC) $ 16.81
Ondo (ONDO) $ 0.805137
sUSDS (SUSDS) $ 1.06
USD1 (USD1) $ 1.00
Mantle (MNT) $ 0.621731
Gate (GT) $ 16.66
Official Trump (TRUMP) $ 10.04
Sky (SKY) $ 0.091686
Kaspa (KAS) $ 0.073817
VeChain (VET) $ 0.022428
Fasttoken (FTN) $ 4.44
Cosmos Hub (ATOM) $ 4.13
Ethena (ENA) $ 0.306602
Artificial Superintelligence Alliance (FET) $ 0.709376
Lombard Staked BTC (LBTC) $ 105,484.00
Render (RENDER) $ 3.50
POL (ex-MATIC) (POL) $ 0.200489
Filecoin (FIL) $ 2.44
Arbitrum (ARB) $ 0.332500
Worldcoin (WLD) $ 0.991014
Binance-Peg WETH (WETH) $ 2,572.50
Quant (QNT) $ 106.46
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.49
USDT0 (USDT0) $ 1.00
Algorand (ALGO) $ 0.178573
First Digital USD (FDUSD) $ 1.00
USDtb (USDTB) $ 0.999682
SPX6900 (SPX) $ 1.51
KuCoin (KCS) $ 11.19
Binance Staked SOL (BNSOL) $ 165.24
Jupiter (JUP) $ 0.436339
Fartcoin (FARTCOIN) $ 1.26
NEXO (NEXO) $ 1.23
Flare (FLR) $ 0.018037
Virtuals Protocol (VIRTUAL) $ 1.86
Rocket Pool ETH (RETH) $ 2,925.78
Celestia (TIA) $ 1.77
Bonk (BONK) $ 0.000015
Kelp DAO Restaked ETH (RSETH) $ 2,689.38
Injective (INJ) $ 11.56
Sonic (S) $ 0.334958
Story (IP) $ 3.63
Optimism (OP) $ 0.595647
Polygon Bridged USDT (Polygon) (USDT) $ 0.999878
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
Sei (SEI) $ 0.178836
AB (AB) $ 0.015272
PayPal USD (PYUSD) $ 0.999739
Stacks (STX) $ 0.629332
XDC Network (XDC) $ 0.059368
Mantle Staked Ether (METH) $ 2,742.48