Leveraged Solana Bet Faces Chill as 2x Solana ETF Sees $3.4 Million Outflow
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The 2x Solana ETF, SOLT, recorded a sharp reversal in investor appetite on January 23, 2026, posting outflows of $3,360,849. The move trimmed roughly 1.11% from the fund’s $303.93 million in assets under management (AUM), signaling mounting caution among traders using leverage to play Solana’s price swings.
The related asset, SOL-USD, is currently trading at $126.51 after a volatile three months in which it has dropped 34.48%. Short-term momentum remains under pressure, with the 1-day technical signal flashing a bearish cue at Sell.
The latest outflow suggests that speculative leveraged positions may be unwinding as Solana’s drawdown deepens and technical indicators stay negative. With leveraged products like SOLT amplifying both gains and losses, even a comparatively modest single-day reduction of about 1% of AUM can reflect a meaningful shift in sentiment among high-beta crypto traders. Whether this is a temporary de-risking or the start of a broader retreat from Solana-linked leverage will likely hinge on whether the token can stabilize after its recent slide.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.