Solana ETF (NASDAQ:SOLZ – Get Free Report)’s stock price rose 5.6% during trading on Tuesday . The company traded as high as $16.66 and last traded at $16.49. Approximately 217,531 shares traded hands during mid-day trading, an increase of 120% from the average daily volume of 98,899 shares. The stock had previously closed at $15.61.
Solana ETF Stock Up 5.6 %
About Solana ETF
The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.
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