Solana（Sol）期货ETF首次亮相，可能为Spot Solana ETF铺平道路

加密行业将首次亮相第一个Solana Futures交换基金（ETF），这是一个重大发展，可能为第一个Solana Spot ETF铺平道路

Industry insiders are eagerly anticipating the debut of the first Solana futures exchange-traded fund (ETF), which is set to launch on March 20. This development may pave the way for the first Solana spot ETF, seen as the “next logical step” for crypto-based trading products.

行业内部人士热切期望将于3月20日推出的第一个Solana Futures交换基金（ETF）的首次亮相。这一发展可能为第一个Solana Spot ETF铺平了道路，这是基于加密货币的贸易产品的“下一个逻辑步骤”。

As previously reported by Blockworks, Volatility Shares will be listing two Solana (SOL) futures ETFs—the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT)—on March 20.

正如BlockWorks先前报道的那样，波动率股票将在3月20日列出两个Solana（Sol）期货ETF（SOLANA ETF（SOLZ）和波动率2X Solana ETF（SOLT））。

This launch could bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.

Bitget Research首席分析师Ryan Lee表示，这一发布可能会为SOL令牌带来大量的新机构采用。

Volatility Shares Solana ETF SEC filing. Source: SEC

波动性共享Solana ETF SEC归档。资料来源：秒

The analyst told Cointelegraph:

分析师告诉Cointelegraph：

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.”

Lee说：“ Solana ETF将通过“提供受监管的投资工具，吸引数十亿美元的资本并增强Solana对以太坊的竞争力”来增加机构的采用。”

However, 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, according to Bloomberg’s senior ETF analyst, Eric Balchunas.

但是，其他行业参与者担心，正如我们在现货ETHER ETF发布中所见，Solana Futures ETF将由于缺乏流入而导致投资者失望，这只是彭博社ETF分析师Ericbalchunas，这只是对比特币ETF的“搭档”。

Solana futures ETF may see disappointing inflows, but spot Solana ETFs may be next

Solana Futures ETF可能会看到令人失望的流入，但是Spot Solana ETF可能是下一个

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).

尽管Futures ETF可能不会带来大量流入，但它使Solana的地位合法化，尤其是在美国总统唐纳德·特朗普宣布他的数字资产工作组以及Cardano（ADA）（ADA）和XRP（XRP）以及Cardano的战略储备中的Solana将包括Solana。

“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.

根据Solana-Native永久性期货交换交易所Bullet的联合创始人Anmol Singh表示：“ Solana ETF正在运动创造了更多广泛采用的途径。”

Singh told Cointelegraph:

辛格告诉Cointelegraph：

“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.

他补充说：“我们可以预期进入期货ETF的中等流入 - 斑点ETF通常是获得曝光的更好工具，这将是主要的里程碑。”

Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance Redefined

与特朗普相关的WLFI三元组持有，Solana看到了4.85亿美元外流：金融重新定义

According to a JPMorgan report, the adoption rate of futures ETFs is difficult to measure, but 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.

根据摩根大通的一份报告，很难衡量期货ETF的采用率，但是在头六个月内，现货Solana ETF可能会吸引30亿至60亿美元的净资产，从而黯然失色的Ether ETF的采用率。

SOL and XRP ETPs could attract $3–8 billion. Source: JP Morgan

SOL和XRP ETP可以吸引3-8亿美元。资料来源：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.

报告说：“在将这些所谓的“收养率”应用于SOL和XRP时，我们看到SOL吸引了大约30亿美元 - 60亿美元的净资产，而XRP收集了40亿美元 - 80亿美元的新资产。”

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.

但是，“由于SEC的先例240–260天，时间表可以扩展到2026年，”彭博情报分析师James Seyffart于1月16日表示。