Solana’s leverage trade took a hit this week as 2x Solana ETF, SOLT, recorded outflows of $1,928,428 on April 13, 2026. With assets under management now at $141.44 million, the latest redemption wave accounted for roughly 1.36% of the fund’s capital base, a meaningful pullback for a product designed to amplify moves in a volatile token.
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The related asset, SOL-USD, is currently trading at $83.17 after a bruising three months that saw its price sink about 39.30%. Despite that backdrop, short-term indicators flash a more constructive tone, with the 1-day technical signal pointing to a Buy, suggesting traders may be positioning for a rebound even as ETF investors de-risk.
The divergence between ETF flows and spot price signals underscores how leveraged products often attract more tactical, risk-sensitive capital. Some investors appear to be trimming exposure after the sharp drawdown, while others are watching Solana’s improving technicals for signs the selling pressure is exhausted. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.