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    Hong Kong Officially Approves First Solana ETF, Alongside BTC & ETH

    Story Highlights
    • Hong Kong approves world’s first Solana ETF, making SOL the third crypto with ETF status.

    • ChinaAMC Solana ETF lists October 27 on HKEX, offering easy and affordable crypto exposure.

    • Institutional demand surges as CME lists Solana futures, with $1.5B inflows projected next year.

    Hong Kong has just made history by approving the world’s first spot Solana (SOL) exchange-traded fund (ETF), following the earlier approvals of Bitcoin and Ethereum spot ETFs, marking Solana as the third cryptocurrency to receive such recognition in the region.

    Following the news, Solana’s SOL jumped into the green, trading around $184 after a long period of losses.

    Solana ETF Makes Its Debut on HKEX

    The ChinaAMC Solana ETF, issued by China Asset Management Company, will list on October 27 on the Hong Kong Stock Exchange under ticker 03460. Each trading unit represents 100 SOL, with a minimum investment of about US$100, making it accessible to all investors.

    The Solana ETF will operate under a well-structured and regulated framework. OSL Exchange will handle trading and settlements, while OSL Digital Securities Ltd. will serve as the sub-custodian.

    Unlike traditional funds, this ETF will track the Solana Market Price Index and hold real SOL tokens in secure, regulated wallets under Hong Kong’s digital asset rules.

    By offering direct exposure to Solana’s token (SOL), the ETF allows investors to track its price without holding the cryptocurrency directly. 

    Institutional Confidence Rising On Solana

    The approval comes amid rising institutional demand for Solana-based products following the CME Group’s recent listing of Solana futures options on October 13, 2025. 

    According to ChinaAMC, the SOL ETF aims to give investors easy access to Web3 assets and support the growth of high-speed blockchain networks.

    Major financial institutions, including JPMorgan, have projected that Solana ETFs could attract over $1.5 billion in inflows over the next year.​

    Why Hong Kong Approved Solana First

    Analysts believe that Solana was approved due to its fast transactions, low fees, and growing use in DeFi and NFTs. Its network handles over 90 million transactions daily. 

    Institutional holdings have risen 230%, with companies like Forward Industries and Helius buying SOL for staking and reserves.

    ETF analyst Nate Geraci said Hong Kong is ahead of the U.S., and the Solana ETF could lead to other blockchain ETFs like Cardano and Avalanche, once frameworks mature.​

    With major ETF issuers like VanEck, Fidelity, and 21Shares still awaiting U.S. clearance, Hong Kong’s regulatory confidence in Solana could shape the next wave of cryptocurrency-led financial innovation worldwide.​

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    FAQs

    What is the new Solana ETF approved in Hong Kong?

    Hong Kong approved the ChinaAMC Solana ETF, the world’s first spot Solana ETF, giving investors direct exposure to SOL’s market price on HKEX.

    When will the Solana ETF start trading on the Hong Kong Stock Exchange?

    The Solana ETF will debut on October 27 under the ticker 03460, with each unit representing 100 SOL and a minimum investment of about $100.

    What impact could the Solana ETF have on the crypto market?

    Experts say the Solana ETF could boost institutional demand, attract over $1.5B in inflows, and set the stage for future blockchain-based ETFs worldwide.

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