Solana的量子飛向受監管的金融

當索拉納（Solana）準備進入華爾街（Wall Street）時，加密貨幣投資的景觀正在發生地震轉變。

Solana, the rapidly rising altcoin, is preparing to make its grand entrance onto Wall Street.

迅速上升的Altcoin Solana正準備進入華爾街的宏偉入口。

As part of this integration, the first-ever Solana futures ETFs are set to launch tomorrow. Florida-based Volatility Shares LLC will be debuting two ETFs that will track the price movements of Solana futures.1

作為此整合的一部分，有史以來第一個索拉納期貨ETF將於明天推出。總部位於佛羅里達的波動率股份有限責任公司將首次亮相兩個ETF，這些ETF將跟踪Solana Futures的價格變動。1

This launch follows the successful introduction of Bitcoin and Ether futures ETFs, highlighting the sustained appetite among investors for crypto exposure through regulated investment vehicles.

此次發佈在成功引入比特幣和以太期貨ETF之後，強調了通過受監管的投資工具對加密貨幣風險暴露的投資者持續的胃口。

Solana, boasting a burgeoning $67 billion market capitalization, has quickly emerged as a formidable player in the altcoin arena. The launch of these futures ETFs provides traders with fresh avenues to engage with Solana’s price dynamics, bridging the gap between the decentralized world of crypto and the regulated domain of Wall Street.

索拉納（Solana）擁有迅速發展的670億美元市值，在Altcoin Arena中迅速成為一名強大的球員。這些期貨ETF的推出為貿易商提供了新的途徑，可以與Solana的價格動態互動，從而彌合了加密貨幣分散世界與華爾街受監管領域之間的差距。

This article delves into the intricacies of Solana’s ETF launch, exploring the significance of these new products, the implications for spot Solana ETFs, and the broader regulatory context that is shaping the future of crypto investment. We will examine the market dynamics, the investor sentiment, and the strategic maneuvers that are driving Solana’s mainstream adoption.

本文深入研究了Solana ETF發布的複雜性，探討了這些新產品的重要性，對現貨Solana ETF的影響以及塑造了加密投資未來的更廣泛的監管環境。我們將研究市場動態，投資者的情緒以及推動索拉納主流採用的戰略動作。

The ETF Launch: SOLZ and SOLT – A Dual Approach to Market Participation

ETF發射：Solz和Solt - 一種雙重市場參與的方法

Volatility Shares LLC is set to launch two distinct Solana futures ETFs, catering to a diverse range of investor profiles.2

波動率股份有限責任公司將推出兩個不同的Solana Futures ETF，迎合了各種各樣的投資者資料。2

The Volatility Shares Solana ETF (SOLZ) will provide direct exposure to Solana futures, offering a straightforward approach for investors seeking to track the asset’s price movements.3

波動率股份Solana ETF（SOLZ）將直接接觸Solana Futures，為尋求追踪資產價格變動的投資者提供直接的方法。3

The Volatility Shares 2X Solana ETF (SOLT) will offer twice the leveraged exposure, catering to traders and investors with a higher risk appetite, seeking to amplify their potential gains.4

波動率股份2X Solana ETF（SOLT）將提供兩倍的槓桿風險，以迎合更高風險胃口的貿易商和投資者，以擴大其潛在增長。4

The expense ratios for these ETFs have been set at 0.95% for SOLZ and 1.85% for SOLT.5 These ratios reflect the costs associated with managing and operating the funds, providing transparency to investors.6

這些ETF的費用比率為Solz的0.95％，Solt的費用為1.85％。5這些比率反映了與管理和運營資金相關的成本，為投資者提供了透明度。6

Volatility Shares’ initial filing with the SEC in December underscores the firm’s proactive approach to bringing these products to market.

波動率在12月向SEC的最初文件提交了該公司將這些產品推向市場的積極主動方法。

The launch of these ETFs is a testament to the growing demand for regulated crypto investment products. It provides investors with a familiar and accessible way to gain exposure to Solana’s price movements, without the complexities of directly managing digital assets.

這些ETF的推出證明了對受管制加密投資產品的需求不斷增長。它為投資者提供了一種熟悉且易於使用的方式，可以使索拉納（Solana）的價格變動接觸，而沒有直接管理數字資產的複雜性。

The dual approach of offering both non-leveraged and leveraged ETFs allows Volatility Shares to capture a wider segment of the investor market, from those seeking long-term exposure to those engaging in active trading strategies.

提供非槓桿和槓桿性ETF的雙重方法使波動性份額可以捕獲投資者市場的更廣泛部分，從尋求長期接觸的人到參與積極交易策略的人。

The Futures Precedent: Paving the Way for Spot ETFs

期貨先例：為現場ETF鋪平道路

The launch of Solana futures ETFs is a crucial step in the evolution of crypto-based financial products. It follows the precedent set by Bitcoin and Ether, where futures ETFs preceded the approval of spot ETFs. This trajectory suggests that the launch of Solana futures ETFs is a significant milestone in the potential approval of a spot Solana ETF.

Solana Futures ETF的推出是基於加密貨幣的金融產品發展的關鍵一步。它遵循比特幣和以太幣設定的先例，該期貨ETF先於SPOT ETF的批准。這一軌跡表明，索拉納期貨ETF的推出是現場solana ETF潛在批准的重要里程碑。

The absence of a spot Solana ETF has created a demand for alternative investment vehicles that provide exposure to the asset’s price movements. Futures ETFs fill this gap, offering investors a regulated and accessible way to participate in the Solana market.

缺乏現場Solana ETF已經對提供資產價格變動的替代投資工具產生了需求。 Futures ETF填補了這一空白，為投資者提供了一種參與Solana市場的受監管且可訪問的方式。

The launch of futures ETFs is seen as a crucial step in demonstrating the maturity and liquidity of the underlying asset. It provides regulators with valuable data and insights into the market dynamics of Solana, which can inform their decision-making process regarding spot ETFs.

期貨ETF的推出被視為證明基本資產的成熟度和流動性的關鍵步驟。它為監管機構提供了對Solana市場動態的有價值的數據和見解，這些數據可以告知他們有關現場ETF的決策過程。

Polymarket data, which indicates a high probability (around 88%) of spot Solana ETF approvals this year, reflects the growing optimism among market participants.7 This optimism is fueled by the increasing institutional interest in Solana and the growing regulatory clarity surrounding digital assets.

PolMoarket數據表明，今年的現場Solana ETF批准的可能性很高（約88％），這反映了市場參與者的樂觀情緒。7這種樂觀情緒受到對Solana的機構興趣日益增加的興趣以及圍繞數字資產的越來越多的監管清晰度的增長。

Investor Appetite: Crypto ETFs as Mainstream Investment Vehicles

投資者的胃口：加密ETF作為主流投資工具

Despite the inherent volatility of the cryptocurrency market, there remains a strong demand for new and innovative ways to invest in digital assets. The success of spot Bitcoin ETFs, which have attracted a massive $92 billion in assets under management since their launch, underscores this demand.

儘管加密貨幣市場的固有波動性固有，但人們對投資數字資產進行投資的新方法仍然有很大的需求。自推出以來，現貨比特幣ETF的成功吸引了920億美元的資產，強調了這一需求。

The recent outflows from Ether ETFs, attributed to market dips, highlight the volatility of the crypto market. However, the continued interest in altcoin ETFs, such as those tracking Solana, demonstrates the enduring appeal of digital assets for potential gains.

歸因於市場下降的Ether ETF的最新流出突出了加密市場的波動。但是，對Altcoin ETF的持續興趣，例如跟踪Solana的ETF，證明了數字資產對潛在收益的持久吸引力。

The growth of the ETF market, with filings for products tied to other altcoins like Avalanche and SUI, as well as spot Bitcoin and even carbon credit futures, reflects the increasing diversification of crypto investment strategies.

ETF市場的增長，與其他與其他山寨幣相關的產品的備案，例如雪崩和SUI，以及現貨比特幣甚至碳信用額的期貨，反映了加密投資策略的多元化。

The investor appetite for crypto ETFs is driven by a desire for regulated and accessible investment vehicles that provide exposure to the potential gains of digital assets.8 ETFs offer the convenience of traditional investment products while providing exposure to the dynamic and rapidly evolving cryptocurrency market.9

投資者對加密ETFS的需求是由對受監管且可訪問的投資工具的渴望驅動的，這些工具可為數字資產的潛在收益提供敞口。8ETF提供了傳統投資產品的便利性，同時提供了動態和快速發展的加密貨幣市場。9

Regulatory Outlook: A Favorable Climate for Crypto Innovation

監管前景：加密創新的有利氣候

The launch of Solana ETFs coincides with a period of increasing regulatory and political attention to digital assets. The Trump administration

Solana ETF的推出與對數字資產的監管和政治關注越來越多。特朗普政府