According to reports from Wu, Nate Geraci, president of The ETF Store, tweeted that Volatility Shares has submitted an ETF application based on Solana futures to the U.S. Securities and Exchange Commission.
The application covers 1x, 2x, and -1x leveraged exposure, and Solana futures contracts are only traded on exchanges registered with the Commodity Futures Trading Commission. Previously, Volatility Shares actively advocated for the approval of an Ethereum futures ETF.