tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Leveraged Solana Bets Cool as 2x Solana ETF Sees Outflow Amid Token Slump

Leveraged Solana Bets Cool as 2x Solana ETF Sees Outflow Amid Token Slump

Leveraged Solana Bets Cool as 2x Solana ETF Sees Outflow Amid Token Slump

Claim 50% Off TipRanks Premium

The 2x Solana ETF, ticker SOLT, recorded net outflows of $2,040,500 on January 16, 2026, a modest but notable pullback for the leveraged crypto product. The move represents roughly 0.58% of the fund’s latest assets under management, which stand at $353.7 million, suggesting some investors are stepping back from amplified exposure to Solana while the underlying token remains under pressure.

The related asset, SOL-USD, is currently trading at $128.66, having shed about 29.5% over the past three months. That drawdown underlines the volatility facing Solana-linked products, particularly leveraged vehicles like SOLT that magnify both gains and losses. Short-term sentiment remains fragile, with the one-day technical signal flashing Sell, a reading that aligns with the recent outflows as traders reassess risk in the high-beta altcoin segment.

While the latest redemption represents a relatively small slice of SOLT’s overall AUM, it underscores how quickly positioning can shift in leveraged crypto ETFs when momentum turns against the underlying asset. If Solana’s price weakness persists and technical indicators stay bearish, further outflows could follow as speculative capital rotates toward less volatile corners of the digital asset market—or waits on the sidelines for a clearer reversal signal.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

Disclaimer & DisclosureReport an Issue

1