2x Solana ETF (SOLT) to Issue Dividend of $0.04 on April 23rd

2x Solana ETF (NASDAQ:SOLT) announced a dividend on Tuesday, April 21st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 22nd will be given a dividend of 0.0437 per share on Thursday, April 23rd. The ex-dividend date is Wednesday, April 22nd.

2x Solana ETF Stock Up 6.5%

NASDAQ:SOLT opened at $49.96 on Thursday. The business’s 50-day moving average price is $50.01 and its two-hundred day moving average price is $149.50. 2x Solana ETF has a twelve month low of $38.62 and a twelve month high of $706.00.

Hedge Funds Weigh In On 2x Solana ETF

Institutional investors have recently modified their holdings of the company. IFP Advisors Inc bought a new position in shares of 2x Solana ETF during the 3rd quarter valued at about $86,000. Flow Traders U.S. LLC bought a new position in shares of 2x Solana ETF during the 2nd quarter valued at about $238,000. Finally, Jump Financial LLC bought a new position in shares of 2x Solana ETF during the 4th quarter valued at about $434,000.

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.