Solana Futures ETFs Gain Recognition as DTCC Adds SOLZ and SOLT

February 28, 2025 by Mutuma Maxwell

• Solana Futures ETFs listed, but SEC approval remains uncertain, creating risk.
• Institutional adoption of Solana ETFs could boost market participation, despite challenges.
• Sol price could rise 53.74% by 2025, depending on market and regulatory clarity.

The Depository Trust & Clearing Corporation (DTCC) has recently listed two Solana futures exchange-traded funds (ETFs), marking a significant step for the cryptocurrency. The Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT) represent the first of their kind, offering exposure to the futures market for Solana. 

While this listing offers a glimpse into the future of Solana-based ETFs, the move has stirred mixed reactions among market participants. Despite its potential, the approval of these ETFs by the US Securities and Exchange Commission (SEC) remains uncertain.

A Step Toward Institutional Adoption

The addition of Solana futures ETFs on the DTCC platform holds great promise for institutional adoption. This development allows the ETFs to be cleared and settled through the US financial system’s infrastructure. 

By ensuring that these investment vehicles are integrated into mainstream financial markets, this listing could open doors for greater institutional participation. It also reflects the growing interest in Solana’s ecosystem, despite the challenges the cryptocurrency has faced over the past week.

However, while the listing of the Solana ETFs on the DTCC is a significant milestone, it does not imply full SEC approval. Regulatory uncertainty surrounding these financial products persists, especially since Solana futures contracts are not yet available on Commodity Futures Trading Commission (CFTC)-regulated exchanges. 

Furthermore, there is speculation regarding a potential inverse Solana ETF that would allow investors to profit from a decline in Solana’s price. As of now, this product is still awaiting approval from the SEC.

Market Outlook and Solana’s Price Action

Solana’s price remains volatile. As of press time, the price stands at $140.30, reflecting a slight 1.24% increase over the last 24 hours. However, the price has dipped by 19.29% over the past week. With a market cap of approximately $70 billion and a circulating supply of 500 million SOL, Solana faces a delicate balance between growth and downside risk.

SOL/USD daily price chart, Source: TradingView

Key indicators suggest that selling pressure may be easing. The Relative Strength Index (RSI) is hovering at 33.06, which is approaching oversold levels. This could indicate that a price reversal or relief rally is on the horizon. 

The Moving Average Convergence Divergence (MACD) also shows signs of slowing bearish momentum, with the histogram declining in negativity. If these trends continue, a short-term recovery could be possible.

2025 Price Predictions for Solana

Looking ahead, Solana’s market outlook appears cautiously optimistic. By the end of 2025, Coincodex analysts predict that Solana could trade between $214.19 and $217.69, representing a 53.74% increase from current levels. 

Should these predictions hold true, investors might see a potential profit of up to 55% from today’s prices. However, these predictions are contingent on broader market conditions and regulatory clarity for Solana-related ETFs.