Solana Leverage ETF Sees New Year Pullback as Traders Ease Off the Gas
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The 2x Solana ETF, SOLT, started 2026 on a softer note, recording outflows of roughly $2.3 million on January 2, 2026. The leveraged crypto fund now sits on about $274.5 million in assets under management (AUM), with the latest redemption representing around 0.84% of its capital base.
While the outflow is modest in percentage terms, it hints at a degree of investor caution after a volatile quarter for its underlying asset, Solana. Some leveraged ETF holders appear to be trimming exposure rather than exiting outright, consistent with a market that is recalibrating risk but not abandoning the trade.
The related asset, SOL-USD, is currently trading around $137.61, having dropped about 41.5% over the past three months—a sharp retracement after a strong prior rally. Despite this steep pullback, short-term signals remain indecisive, with the 1-day technical stance flashing a cautious Hold, suggesting neither clear bullish momentum nor a confirmed breakdown at current levels.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.