🔴 SOLT is trading 3.5% down today after a sharp rebound in crypto-leveraged products

SOLT is trading 3.5% down at $33.74 in pre-market action, retreating after a sharp rebound tied to crypto-leveraged products earlier this week.

• The move follows a 5.47% gain on July 14 and a 4.3% intraday rise on July 15 as investors returned to Solana-linked leveraged ETFs.
• Recent price action reflects a cooling off period after the instrument recovered from a significant selloff recorded on July 13.