Leveraged Solana Bets Cool as 2x Solana ETF Sees Outflow Amid Token Slump
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The 2x Solana ETF, ticker SOLT, recorded net outflows of $2,040,500 on January 16, 2026, a move that trimmed roughly 0.58% from its $353.7 million in assets under management. While modest in percentage terms, the withdrawal underscores growing caution toward leveraged exposure to Solana after a difficult quarter for the underlying token.
The related asset, SOL-USD, is currently trading at $133.58, down about 24.46% over the past three months. Short-term sentiment remains fragile, with the 1-day technical signal flashing Strong Sell, suggesting that momentum and technical traders are still positioning for further downside or, at best, consolidation.
Against this backdrop, the latest outflow from SOLT appears less like a wholesale exodus and more like a recalibration by investors who had dialed up risk during Solana’s prior rally. Leveraged products amplify both gains and losses, and as Solana’s pullback deepens, risk management considerations are likely prompting some investors to reduce exposure or rotate into unlevered vehicles until clearer signs of a trend reversal emerge.
The combination of a declining underlying asset and a bearish short-term technical profile could continue to pressure flows in leveraged Solana products if volatility remains elevated. However, with the outflow still under 1% of AUM, there are indications that a core cohort of speculative investors is maintaining positions, potentially positioning for a rebound if broader crypto market sentiment stabilizes.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.