🔴 SOLT is trading 2.2% down today as leveraged Solana ETF pullback continues after recent rally

SOLT is trading 2.2% down at $31.45 as the recent leveraged Solana ETF pullback continues following a strong prior rally.

• The move reflects profit-taking and ongoing volatility in Solana-linked products.
• Broader crypto and risk assets are under pressure amid cautious sentiment ahead of the Fed’s FOMC statement.
• Elevated geopolitical tensions are further weighing on market sentiment and risk-on positions.