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Solana Jitters Hit Wall Street: ProShares’ SLON ETF Suffers 7.7% AUM Pullback in a Single Day

Solana Jitters Hit Wall Street: ProShares’ SLON ETF Suffers 7.7% AUM Pullback in a Single Day

Solana ETF Investors Head for the Exits as SLON Sees Sharp Outflows

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The ProShares Ultra Solana ETF, SLON, logged a sizable outflow of $1,914,660 on December 19, 2025, a move that stripped roughly 7.7% from its assets under management. The leveraged Solana product now oversees about $24.76 million in AUM, with the latest redemption wave underscoring investor unease around the token’s recent price trajectory and heightened volatility.

The related asset, SOL-USD, is currently trading at $126.30, having shed about 46.2% over the past three months. That steep drawdown has eroded much of the momentum that powered Solana earlier in the year and appears to be weighing on sentiment toward leveraged exposure such as SLON. Technically, the market backdrop remains fragile: the 1-day trading signal for Solana flashes Sell, suggesting near-term pressure could persist.

For SLON holders, the combination of sharp price declines in Solana and a short-term bearish technical setup is prompting a de-risking move, with some investors locking in remaining profits while others seek shelter from further downside. If Solana stabilizes or stages a recovery, outflows could moderate, but for now fund flows are echoing the broader risk-off tone in speculative crypto assets.

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

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