Kazakhstan Exchange KASE launched the first ETF based on cryptocurrencies Solana
6/26/2026, 12:29 PM • Евгения Слив

The Kazakhstan Stock Exchange (KASE) has launched its first trading fund, an ETF, tied to digital assets. He became SOLZ_KZ from Volatility Shares, which tracks the value of Solana cryptocurrency. Only qualified investors have access to the new tool through licensed brokers.
The fund was launched in the KASE Global sector as part of a regulatory "sandbox" created jointly with a local finigulator. The exchange product does not involve direct ownership of tokens, but works through futures contracts and cash equivalents with a management commission of 0.95% p.a. The project took only six months to complete after the signing of a memorandum of cooperation between KASE and the Solana Foundation in late 2025.
President of KASE Talgat Dossanov called the launch an important step in the evolution of institutional access to cryptocurrencies, combining traditional capital markets with regulated digital instruments. It is worth noting that KASE is one of the largest exchanges in the region, with a trading volume of more than $770 billion in 2025. The launch of the fund followed the appearance in Kazakhstan of the first licensed platform of digital assets based on the blockchain Solana.
