2x Solana ETF (NASDAQ:SOLT) to Issue Monthly Dividend of $0.03

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.0339 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, June 17th.

2x Solana ETF Stock Down 6.1%

Shares of NASDAQ SOLT traded down $2.03 on Wednesday, hitting $31.13. The company’s stock had a trading volume of 285,176 shares, compared to its average volume of 658,248. 2x Solana ETF has a 12-month low of $23.28 and a 12-month high of $706.00. The stock has a 50 day moving average of $44.23 and a 200-day moving average of $79.83.

Institutional Trading of 2x Solana ETF

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc purchased a new stake in shares of 2x Solana ETF in the third quarter valued at about $86,000. Flow Traders U.S. LLC purchased a new stake in shares of 2x Solana ETF in the second quarter valued at about $238,000. Finally, Jump Financial LLC purchased a new stake in shares of 2x Solana ETF in the fourth quarter valued at about $434,000.

About 2x Solana ETF

The 2x Solana ETF (SOLT) is an exchange-traded fund managed by Volatility Shares, a U.S.-based investment management firm. This ETF seeks to provide investors with twice the daily exposure to Solana’s price movements through leveraged strategies, without the need for direct cryptocurrency ownership. It is designed for sophisticated investors seeking tactical cryptocurrency trading opportunities who understand the amplified risks associated with leveraged exposure.