2x Solana ETF (NASDAQ:SOLT) Declares Dividend Increase – $0.05 Per Share

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

2x Solana ETF Trading Down 0.7%

SOLT stock traded down $0.24 during mid-day trading on Wednesday, hitting $35.35. 243,224 shares of the company were exchanged, compared to its average volume of 621,359. The business has a 50 day simple moving average of $36.53 and a 200-day simple moving average of $60.54. 2x Solana ETF has a 1-year low of $23.28 and a 1-year 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.