🟢 SOLT is trading 4.1% up today as leveraged Solana ETF rebounds on short-covering interest

SOLT is trading 4.1% up now at $32.47 as the 2x Solana ETF extends a rebound from recent crypto-linked weakness and short-covering interest.

• The move follows a July 29 after-hours gain driven by traders covering shorts and renewed demand after recent profit-taking and volatility in Solana-related products.
• Broader risk-on sentiment in U.S. markets is providing additional support for the leveraged instrument.