SOLZ is trading at $9.57 (-3.5%) today, tracking broader risk-off sentiment and geopolitical tensions as US futures and crypto markets decline.
- The drop follows a 6.32% gain to a $9.92 close on May 11, which was supported by record weekly inflows of $39.23M.
- Global markets are under pressure as Iran ceasefire talks falter and Brent crude remains above $105, dragging the Nasdaq down 0.88% and the S&P down 0.44%.
- Crypto weakness persists with BTC at $80,665 (-0.35%) and ETH at $2,284 (-1.97%), providing no support for the Solana-based fund.