(SLNC) CoinShares FTX Physical - Ratings and Ratios

CoinShares FTX Physical Staked Solana EUR (XETRA:SLNC) is a Germany-domiciled ETF designed to provide exposure to staked Solana (SOL) tokens. The fund holds SOL tokens in a secure custodial arrangement and passively earns staking rewards, which are reinvested to maintain exposure. It is listed on XETRA under the ticker SLNC and falls under the digital assets ETF category.

From a technical perspective, SLNC has an average 20-day trading volume of 37,400 shares, indicating moderate liquidity. The last price of 13.09 EUR reflects current market valuation. The ETF is trading below its 20-day (13.53), 50-day (17.98), and 200-day (17.37) simple moving averages, suggesting bearish momentum. The Average True Range (ATR) of 1.29 indicates moderate price volatility over the past 20 days.

Fundamentally, the ETF has Assets Under Management (AUM) of 250.76M EUR, demonstrating significant investor interest in staked Solana exposure. The funds structure allows investors to gain exposure to Solanas staking rewards without directly staking tokens themselves, making it accessible to traditional investors.

Based on the current technical and fundamental data, SLNC is expected to remain under pressure in the next 3 months due to its position below key moving averages. However, if Solanas ecosystem activity increases, particularly in DeFi and NFTs, the ETF could see a rebound. The ATR suggests volatility will remain elevated, with potential price fluctuations between 11.80 and 14.40 EUR. The AUM figure may stabilize or grow slightly if investor confidence in Solanas ecosystem persists.