Solana Bulls Hit the Brakes as Leveraged SOLT ETF Sees Nearly 2% AUM Walk Out

Solana Leverage Trade Reverses as Investors Pull Nearly 2% from SOLT

The 2x Solana ETF, SOLT, saw notable outflows on March 10, 2026, with $3,035,718 exiting the fund. The move trimmed its assets under management to $155,453,039, meaning roughly 1.95% of its capital base shifted to the sidelines in a single session.

The redemption suggests leveraged Solana traders are turning more cautious after months of downside in the underlying token. Such a pullback in AUM, while not destabilizing, underlines how quickly speculative capital can retreat when momentum fades in high-beta crypto products.

The related asset, SOL-USD, is currently trading at $89.56 after a sharp 32.73% slide over the last three months. The 1-day technical outlook stands at Hold, signaling a market caught between bargain hunters and sellers who remain unconvinced that the recent weakness has fully run its course.

With leveraged exposure amplifying both upside and downside, flows into SOLT are likely to remain sensitive to any shift in Solana’s technical profile or macro risk sentiment. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.