🟢 SOLT is trading 9.1% up in pre-market after Treasury buybacks lowered long-term yields

SOLT is trading 9.1% up at $42.80 after a sharp cryptocurrency and risk-asset rally overnight.

• SOLT is the 2x Solana ETF, reflecting stronger Solana-related sentiment and leveraged exposure to digital assets.
• Treasury’s expanded long-term bond-buyback program lowered long-term yields and supported risk appetite, while crypto-linked products rallied.
• SOLT also gained 13.55% on August 19, extending its recent momentum.