SOLT is trading 5.45% down now at $54.95 as weaker cryptocurrency prices pressure the leveraged 2x Solana ETF.
- Solana was reported down 2.4% at $102.00.
- Broader digital assets retreated amid elevated oil prices, geopolitical tensions, and rising yields.
- The S&P 500 fell 0.50% and Nasdaq Composite fell 0.80%; no fresh company-specific catalyst was identified.