2x Solana ETF (NASDAQ:SOLT) to Issue Monthly Dividend of $0.05

2x Solana ETF (NASDAQ:SOLT) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.0536 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, September 23rd. This is a 84.2% increase from 2x Solana ETF’s previous monthly dividend of $0.03.

2x Solana ETF Stock Down 6.4%

Shares of NASDAQ:SOLT traded down $4.86 during mid-day trading on Wednesday, reaching $71.17. 670,448 shares of the stock were exchanged, compared to its average volume of 594,355. The stock’s 50 day simple moving average is $45.37 and its 200-day simple moving average is $44.18. 2x Solana ETF has a one year low of $23.28 and a one year high of $589.21.

2x Solana ETF Company Profile

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.