Alvaro Fernandez Echeverria/iStock Editorial via Getty Images It has been a little over one year since the first futures-based exchange-traded funds tied to the price of Solana came to market, with the Volatility Shares Solana ETF ( SOLZ ) beginning to trade on March 20 th , 2025. Unlike spot ETFs [which at the time of the fund’s release had not yet received regulatory approval], the Volatility Sh...
Alvaro Fernandez Echeverria/iStock Editorial via Getty Images It has been a little over one year since the first futures-based exchange-traded funds tied to the price of Solana came to market, with the Volatility Shares Solana ETF ( SOLZ ) beginning to trade on March 20 th , 2025. Unlike spot ETFs [which at the time of the fund’s release had not yet received regulatory approval], the Volatility Shares ETF tracks the price of Solana through futures contracts rather than holding SOL-USD directly. Similar to other cryptocurrency spot-based exchange-traded funds, the release of futures-based ETFs served as a precursor for the eventual approval of spot Solana ETFs near the end of 2025. With that said, given the emergence of spot ETFs, the use case for funds like SOLZ has become limited. I argue that, due to the fund’s higher expense ratio, lack of access to staking yield, and structural inefficiencies, investors should largely steer clear of SOLZ. While I are generally optimistic about the prospects of the underlying cryptocurrency, I assign a “Sell” rating to the Volatility Shares Solana ETF. In the current bear market, I acknowledge that, despite long-term fundamentals remaining intact for the underlying token, near-term price action may continue to face headwinds. Given the current risk-off market environment, I maintain hold ratings on both spot Solana ETFs and the underlying asset. Unique Value Proposition of Solana Futures-Based ETF has Eroded With Emergence of Spot ETFs SOLZ does not directly hold Solana tokens. Instead, according to the issuer, “[the fund uses] financial derivatives [primarily futures contracts and potentially swap agreements] to gain exposure to Solana's price movements.” According to the fund’s prospectus , “SOLZ seeks long-term capital appreciation by actively managing positions in Solana futures traded on CFTC-regulated exchanges.” As a result, investors' returns are tied to the performance of the futures contracts rather than the underlying ...
SpaceX filed confidentially for an initial public offering, according to people familiar with the matter. It’s expected to be the biggest-ever listing. Bloomberg Tech’s Ed Ludow explains what it means for the markets. (Source: Bloomberg)
SpaceX filed confidentially for an initial public offering, according to people familiar with the matter. It’s expected to be the biggest-ever listing. Bloomberg Tech’s Ed Ludow explains what it means for the markets. (Source: Bloomberg)
Intel Corporation entered into a definitive agreement to acquire remaining 49% stake in Fab 34 Semiconductor Fabrication Facility in Ireland from Apollo Global Management, Inc. for $14.2 billion. marketscreener.com
Intel Corporation entered into a definitive agreement to acquire remaining 49% stake in Fab 34 Semiconductor Fabrication Facility in Ireland from Apollo Global Management, Inc. for $14.2 billion. marketscreener.com
After being pushed to ‘distress’ by people trying to film and take selfies with the cattle in Kent, the fold has had to be taken away from public view Name: Highland cows. Age: More than 1,000 years old. Continue reading...
After being pushed to ‘distress’ by people trying to film and take selfies with the cattle in Kent, the fold has had to be taken away from public view Name: Highland cows. Age: More than 1,000 years old. Continue reading...
UBER expands its AV push as fully driverless robotaxis launch in Dubai with WeRide, marking a key step in scaling revenue-generating autonomous mobility.
UBER expands its AV push as fully driverless robotaxis launch in Dubai with WeRide, marking a key step in scaling revenue-generating autonomous mobility.
There’s been a lot of discussion and rumors about who could succeed Apple (NASDAQ:AAPL) CEO Tim Cook, who helped take the iPhone maker to new heights following the passing of Steve Jobs close to 15 years ago. Whether it’s Cook turning 65 or calls from his retirement due to Apple stock’s recent bout of underperformance, ... Opinion: The Hunt for Tim Cook’s Successor Is Premature—Here’s the Part Eve...
There’s been a lot of discussion and rumors about who could succeed Apple (NASDAQ:AAPL) CEO Tim Cook, who helped take the iPhone maker to new heights following the passing of Steve Jobs close to 15 years ago. Whether it’s Cook turning 65 or calls from his retirement due to Apple stock’s recent bout of underperformance, ... Opinion: The Hunt for Tim Cook’s Successor Is Premature—Here’s the Part Everyone’s Missing
The president, a longtime critic of Nato, has stepped up criticism after allies refused to join the US-Israel war on Iran Donald Trump has said he is “absolutely” considering withdrawing the US from Nato, warning that the matter was “beyond reconsideration” after the refusal of US allies to join the US-Israeli war against Iran. The president’s threats, his most determined to date, have left the al...
The president, a longtime critic of Nato, has stepped up criticism after allies refused to join the US-Israel war on Iran Donald Trump has said he is “absolutely” considering withdrawing the US from Nato, warning that the matter was “beyond reconsideration” after the refusal of US allies to join the US-Israeli war against Iran. The president’s threats, his most determined to date, have left the alliance facing its worst crisis in its 77-year history, a former US ambassador has warned. Continue reading...
A housewife in Hong Kong has lost nearly HK$2.5 million (US$320,500) in an online shopping scam after she tried to buy collagen drinks for HK$530, according to police. The victim saw a Facebook post advertising collagen drinks and transferred HK$530 via Faster Payment System, police said on their CyberDefender Facebook page. The seller later claimed the item was out of stock and offered a refund, ...
A housewife in Hong Kong has lost nearly HK$2.5 million (US$320,500) in an online shopping scam after she tried to buy collagen drinks for HK$530, according to police. The victim saw a Facebook post advertising collagen drinks and transferred HK$530 via Faster Payment System, police said on their CyberDefender Facebook page. The seller later claimed the item was out of stock and offered a refund, sending the woman a link to a fake Facebook page that asked for her online banking...
Boeing Co. shares rose as much as 5.6% after the Pentagon announced a framework deal with the company to triple production of a crucial Patriot missile component over seven years. The Arlington, Virginia-based aerospace and defense manufacturer is the latest company to benefit as the Trump Administration seeks to rapidly accelerate production of missile interceptors to replenish stocks depleted by...
Boeing Co. shares rose as much as 5.6% after the Pentagon announced a framework deal with the company to triple production of a crucial Patriot missile component over seven years. The Arlington, Virginia-based aerospace and defense manufacturer is the latest company to benefit as the Trump Administration seeks to rapidly accelerate production of missile interceptors to replenish stocks depleted by conflicts in the Middle East and Ukraine. Boeing would raise output of its PAC-3 seekers to about 2,000 units a year from roughly 650, matching the Pentagon’s target capacity under an earlier deal with Lockheed Martin Corp. , according to analyst Sheila Kahyaoglu of Jefferies. The company’s annual seeker revenue would climb to about $1.8 billion from an estimated $600 million, Kahyaoglu said in a report to clients on Wednesday. The latest deal builds on a $2.7 billion Pentagon award in October 2025 to ramp up PAC-3 seeker output to about 750 units a year by decade’s end. Read more: Pentagon Wants to Shift Funds to Interceptors Amid Iran War Lockheed struck a framework deal with the US in January to triple production of the Patriot Advanced Capability-3 Missile Segment Enhancement — better known as the PAC-3 MSE — to 2,000 interceptors a year from about 600. The seekers enable the missiles to identify, track and destroy hypersonic weapons, aircraft, and ballistic and cruise missiles. Boeing said in a statement that it and Lockheed would immediately begin increasing production while negotiating the terms of the multi-year contract. The Patriot is also a showcase for the new acquisition strategy that Defense Secretary Pete Hegseth unveiled in November. By shifting to longer-term contracts, the Pentagon aims to encourage defense contractors to plow more money into upgrading their factories. The intent is to provide “a sustained demand signal that we want the best of American innovation and we want it now,” Hegseth said during a visit to Boeing’s St. Louis military manufacturin...