2x Solana ETF (NASDAQ:SOLT) Declares Monthly Dividend of $0.05

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Tuesday, July 21st, NASDAQ Dividends reports. Investors of record on Wednesday, July 22nd will be given a dividend of 0.0539 per share on Thursday, July 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a 59.0% increase from 2x Solana ETF’s previous monthly dividend of $0.03.

2x Solana ETF Price Performance

Shares of SOLT traded down $0.24 on Wednesday, hitting $35.35. The company’s stock had a trading volume of 243,224 shares, compared to its average volume of 621,359. The firm’s fifty day moving average price is $36.53 and its 200-day moving average price is $60.54. 2x Solana ETF has a fifty-two week low of $23.28 and a fifty-two week high of $706.00.

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.