Solana News: U.S. Launches First-Ever Solana Futures ETFs

A significant development in the cryptocurrency market has occurred with the launch of the first-ever U.S.-based Solana futures ETFs. This move could pave the way for more Solana-related investment products in the future.

First-Ever U.S-Based Solana Futures ETFs To Begin Trading Today

Two exchange-traded funds tied to the price of Solana (SOL) using futures contracts are set to hit the market today (March 20), marking a critical milestone that could pave the way for US spot Solana ETFs. Volatility Shares LLC, a Florida-based asset manager, is launching the first-ever funds tracking futures in SOL, the industry’s sixth-biggest crypto by market cap. The funds include the Volatility Shares Solana ETF (SOLZ), which will track Solana futures, and the Volatility Shares 2X Solana ETF (SOLT), which will offer twice the Leveraged exposure.

Wall Street Welcomes First Solana ETFs

Volatility Shares has launched the first Solana futures-based ETFs in the U.S., offering traditional investors exposure to the sixth-largest cryptocurrency amid growing institutional interest. The first U.S.-based Solana exchange-traded funds (ETFs) began trading, marking a new milestone for alternative digital assets on Wall Street. Volatility Shares LLC, a Florida-headquartered asset management firm, launched two futures-backed ETFs tied to Solana (SOL), becoming the first issuer in the country to offer such products. The Volatility Shares Solana ETF (Nasdaq: SOLZ) tracks Solana futures, while the Volatility Shares 2X Solana ETF (Nasdaq: SOLT) offers leveraged exposure at twice the rate of Solana’s price movement.

Pump.fun Unveils PumpSwap to Dominate Solana DeFi Trading

Solana’s most profitable protocol Pump.fun has unveiled PumpSwap, a token swaps service powered by its liquidity pools. This puts the project in direct competition with Solana’s automated market makers (AMMs). Instead of graduating highly-traded memecoins to Raydium, Pump.fun will now seed promising tokens’ launch liquidity in PumpSwap, cutting down on launch costs and altering its revenue generation. Pump.Fun’s founders believe PumpSwap can become the beating heart of permissionless trading infrastructure on Solana.

Pump.fun Launches Native DEX PumpSwap

Pump.fun, the memecoin launchpad on Solana, has announced the launch of PumpSwap, a native decentralized exchange promising instant token migration, zero fees, and enhanced liquidity. The Pump.fun team unveiled the new DEX platform on March 20, 2025, noting that PumpSwap will support all launchpad coins that complete their bonding curve. PumpSwap, built on Solana (SOL), operates similarly to Raydium v4 and Uniswap v2 through its constant product automated market maker model. Users can create liquidity pools, add to existing pools, and trade all PumpSwap tokens.