SOLT

2x Solana ETF

$8.91
+0.00%
Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The SOLT 2x Solana ETF seeks to provide 2x the daily return of the Solana cryptocurrency, before fees and expenses.

Overview

ETF tracking 2x Solana ETF

Category Leveraged
Issuer Other
Inception Date 2025-03-20
Market Cap $194.3M
Average Volume N/A
Dividend Yield 0.64%
52-Week Range $8.33 - $33.88
VWAP $9.06

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The SOLT 2x Solana ETF seeks to provide 2x the daily return of the Solana cryptocurrency, before fees and expenses.

🎯 Investment Strategy

The ETF uses derivatives and other financial instruments to provide leveraged exposure to the Solana digital asset. It aims to deliver a return that is approximately twice the daily performance of Solana, whether that performance is positive or negative.

✨ Key Features

  • Provides 2x daily leveraged exposure to the Solana cryptocurrency
  • Utilizes derivatives and other instruments to achieve the leveraged performance
  • Designed for short-term trading and not suitable for long-term buy-and-hold investors
  • Has a very high expense ratio compared to non-leveraged crypto ETFs

⚠️ Primary Risks

  • Extremely high volatility and risk due to the leveraged nature of the fund
  • Potential for significant losses if the underlying Solana asset declines in value
  • Tracking error and deviation from the 2x target due to the complexities of managing a leveraged portfolio
  • Liquidity risks and wide bid-ask spreads given the small asset size

👤 Best For

This ETF is intended for experienced, risk-tolerant traders who are looking for short-term, speculative exposure to Solana and are comfortable with the heightened volatility and risks associated with leveraged cryptocurrency products. It is not suitable for long-term investors or those with a low risk tolerance.