2x Solana ETF (NASDAQ:SOLT) Announces $0.03 Monthly Dividend

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be paid a dividend of 0.0291 per share on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 19th.

2x Solana ETF Price Performance

Shares of NASDAQ SOLT traded up $4.68 during midday trading on Wednesday, reaching $39.22. 886,863 shares of the company traded hands, compared to its average volume of 580,012. 2x Solana ETF has a 52 week low of $23.28 and a 52 week high of $706.00. The stock has a 50-day moving average price of $32.83 and a 200 day moving average price of $44.26.

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.