2x Solana ETF (NASDAQ:SOLT) Announces $0.03 Monthly Dividend

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be paid a dividend of 0.0291 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 19th.

2x Solana ETF Trading Up 13.5%

SOLT traded up $4.68 during mid-day trading on Wednesday, hitting $39.22. The stock had a trading volume of 886,863 shares, compared to its average volume of 580,012. The stock’s fifty day simple moving average is $32.83 and its 200-day simple moving average is $44.26. 2x Solana ETF has a 1-year low of $23.28 and a 1-year high of $706.00.

Institutional Investors Weigh In On 2x Solana ETF

An institutional investor recently bought a new stake in 2x Solana ETF stock. Flow Traders U.S. LLC purchased a new stake in 2x Solana ETF (NASDAQ:SOLT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,516 shares of the company’s stock, valued at approximately $238,000. Flow Traders U.S. LLC owned about 0.14% of 2x Solana ETF as of its most recent filing with the Securities and Exchange Commission.

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.