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Solana’s 2x ETF Feels the Sting as Traders Yank Cash Amid Prolonged Token Slump

Solana’s 2x ETF Feels the Sting as Traders Yank Cash Amid Prolonged Token Slump

Solana Leverage ETF Faces Investor Chill as Outflows Bite Into AUM

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The 2x Solana ETF, SOLT, saw investors pull $3.05 million on March 18, 2026, in one of its more notable single-day outflows this quarter. The redemption, equal to about 1.78% of its $171.9 million in assets under management, underscores growing caution around leveraged exposure to the embattled Solana token.

The related asset, SOL-USD, is currently trading at $90.16 after shedding nearly 28% over the past three months, a slide that has dented risk appetite across Solana-linked products. Despite that drawdown, its short-term technical stance remains a muted Hold, suggesting traders are waiting for clearer momentum signals before re‑risking.

For SOLT, the latest outflows may reflect investors trimming leveraged bets rather than a wholesale exit from the Solana ecosystem, as many remain wary of volatility spikes typical in double‑exposure products. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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