2x Solana ETF (NASDAQ:SOLT) Declares Dividend Increase – $0.01 Per Share

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Monday, July 28th, NASDAQ Dividends reports. Investors of record on Tuesday, July 29th will be paid a dividend of 0.0062 per share on Wednesday, July 30th. This represents a $0.07 annualized dividend and a yield of 0.37%. The ex-dividend date is Tuesday, July 29th. This is a 24.0% increase from 2x Solana ETF’s previous monthly dividend of $0.005.

2x Solana ETF Trading Down 5.2%

Shares of SOLT opened at $20.23 on Wednesday. 2x Solana ETF has a 12 month low of $7.74 and a 12 month high of $26.85. The stock’s 50 day simple moving average is $17.61.

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.