🔴 SOLT is trading 2.5% down in pre-market amid higher yields and Fed tightening concerns

SOLT is trading now 2.5% lower at $69.41 amid a broad risk-off move driven by higher Treasury yields, renewed Federal Reserve tightening concerns and weaker cryptocurrency prices.

• SOLT tracks 2x Solana exposure; available coverage identifies no recent company-specific news, and CNBC lists no recent news.
• CNBC confirms the September 23 ex-dividend date and $0.0536 distribution.
• Nasdaq futures are down 1.10%; Bitcoin has declined 2.78% over 24 hours.