🔴 SOLT is trading 2.66% down in pre-market amid reported Solana weakness

SOLT is trading 2.66% down at $60.74; available coverage points to Solana weakness—the asset SOLT is designed to track at twice its daily performance—with no confirmed SOLT-specific catalyst.

• One report says Solana fell 5.02% to $105.63 on October 12; another cites crypto-market liquidations and weakening Solana ETF flows as pressures on SOL.
• SOLT’s closes fell from $78.44 on October 6 to $62.40 on October 12; the broader overnight picture is mixed.