Quick Breakdown
- Hong Kong approves its first Solana (SOL) spot ETF, managed by China Asset Management (Hong Kong).
- The ETF launches October 27 with trading in HKD, RMB, and USD on the Hong Kong Stock Exchange.
- Marks Solana as the third cryptocurrency, after Bitcoin and Ethereum, to gain spot ETF approval in the city.
Hong Kong has approved its first Solana (SOL) spot exchange-traded fund (ETF), marking a new milestone in the region’s push to become a leading hub for regulated digital asset investment. The move makes Solana the third cryptocurrency after Bitcoin and Ethereum to receive the green light for a spot ETF listing in the city.
Breaking: Hong Kong Securities and Futures Commission (SFC) has officially approved the first Solana (SOL) spot ETF, issued by ChinaAMC (Hong Kong). This marks the third approved cryptocurrency spot ETF after Bitcoin and Ethereum, and the first of its kind in Asia.…
— Wu Blockchain (@WuBlockchain) October 22, 2025
Solana ETF set for October launch
The Hong Kong Securities and Futures Commission (SFC) granted approval for the ChinaAMC Solana ETF (03460), managed by China Asset Management (Hong Kong). According to filings on the Hong Kong Stock Exchange, the ETF is scheduled to debut on October 27, with trading counters available in Hong Kong dollars, renminbi, and U.S. dollars.
Each trading lot will comprise 100 SOL tokens, with a minimum investment amount of roughly US$100 (HK$780). The ETF will be custodied through OSL Exchange and OSL Digital Securities Limited, which will serve as the virtual asset sub-custodian.
The fund charges a management fee of 0.99%, while total annual expenses are projected at 1.99% of the fund’s net asset value. ChinaAMC confirmed that the ETF will not distribute dividends to shareholders.
Expanding crypto access beyond bitcoin and ethereum
Solana’s inclusion as a listed ETF expands Hong Kong’s regulated crypto market beyond Bitcoin and Ethereum, which were approved for spot ETF trading earlier this year. With this development, Hong Kong becomes the first market in Asia to introduce a Solana spot ETF, ahead of similar approvals in the United States.
Solana (SOL), the world’s sixth-largest cryptocurrency with a market capitalization of around US$101 billion, underpins the Solana blockchain, a decentralized, open-source network designed for high-speed peer-to-peer transactions.
In a related move, the Hong Kong Legislative Council has issued a special bulletin outlining new policy directions in digital finance, highlighting the rising prominence of stablecoins, including those backed by China’s renminbi (RMB)—a signal of the city’s broader strategy to integrate digital assets into its financial system.
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