tiprankstipranks
Advertisement
Advertisement

Leveraged Solana Bets Cool as SOLT Logs $2.7 Million in One-Day Outflows

Leveraged Solana Bets Cool as SOLT Logs $2.7 Million in One-Day Outflows

Solana Leveraged ETF Sees Investors Hit the Brakes as Outflows Bite

Claim 30% Off TipRanks

The 2x Solana ETF, SOLT, recorded net outflows of $2.74 million on March 06, 2026, a notable redemption for a single day. With assets under management at roughly $150.4 million, the latest move represents about 1.82% of AUM, underscoring a meaningful shift in positioning among traders using the product for amplified Solana exposure.

The related asset, SOL-USD, is currently trading at $87.22 after a bruising three months that saw it lose about 37.16% of its value. The token’s 1-day technical signal is flashing Sell, suggesting short-term momentum remains negative and likely contributed to the caution seen in the leveraged ETF.

These outflows arrive as volatility in Solana and broader digital-asset markets remains elevated, encouraging some investors to cut risk in leveraged structures first. While SOLT still commands substantial capital, the latest redemption wave hints that fast-money traders may be stepping to the sidelines until clearer signs of a bottom appear in Solana’s price action.

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

Disclaimer & DisclosureReport an Issue

1