Haciyev Reşit 
The crypto markets in Hong Kong are witnessing a historic milestone as ChinaAMC, one of the world’s leading asset management firms, launches Asia’s first spot Solana exchange-traded fund (ETF). The fund officially began trading today on the Hong Kong Stock Exchange, marking a groundbreaking step for both Hong Kong’s crypto-financial ambitions and the institutional adoption of the Solana ecosystem.
ChinaAMC’s Solana ETF Officially Launches
The Hong Kong Securities and Futures Commission (SFC) granted formal approval for the ChinaAMC Solana ETF (Ticker: 3460) on October 17. Following that approval, the ETF was officially listed and began trading on October 27 on the Hong Kong Stock Exchange.
This ETF provides investors with regulated and direct exposure to Solana’s (SOL) price performance, making it the first officially approved Solana investment product in the region.
According to ChinaAMC’s official statement, the ETF carries an annual management fee of 0.99%.
- Primary Custodian: BOCI-Prudential Trustee Limited
- Sub-Custodian & Trading Infrastructure Provider: OSL Digital Securities
OSL also provides the virtual asset trading platform infrastructure, ensuring that the ETF operates under strict compliance and institutional-grade custody standards.
A First in Asia: Solana ETF Receives Regulatory Approval
The ChinaAMC Solana ETF has officially become the first spot Solana investment product approved by Hong Kong’s financial regulators, marking a new era for the region’s crypto markets.
The Hong Kong Securities and Futures Commission (SFC) granted the approval at a time when the U.S. Securities and Exchange Commission (SEC) continues to review similar applications for Solana and other altcoin ETFs. However, the SEC’s decision-making process has been delayed due to ongoing government-related holdups in the United States.
Solana Price Update
As of today, Solana (SOL) is trading at $204, up 0.28% in the past 24 hours. With a market capitalization of approximately $100.6 billion, Solana remains the sixth-largest cryptocurrency globally. Analysts believe the launch of the ETF could boost medium-term demand for SOL and strengthen institutional interest in the Solana ecosystem.
Hong Kong Strengthens Its Leadership in Digital Finance
The launch of the ChinaAMC Solana ETF reinforces Hong Kong’s vision of becoming a leading hub for regulated digital asset finance. This development not only diversifies the crypto ETF market but also creates a new liquidity channel for the Solana ecosystem across Asia.
With the U.S. still delaying similar ETF approvals, Hong Kong has effectively taken a step ahead in the global crypto ETF race. According to experts, this milestone could serve as a turning point for broader institutional access — not just for Solana, but for the entire altcoin market.
Market Expectations: $1.5 Billion Inflows Anticipated for Solana ETFs
JPMorgan analysts predict that Solana ETFs could attract approximately $1.5 billion in net inflows during their first year of trading. This figure represents about one-seventh of the first-year performance of Ethereum spot ETFs.
Despite Solana’s smaller DeFi total value locked (TVL) compared to Ethereum, analysts emphasize that the network’s high transaction throughput and growing institutional interest could drive a strong initial performance for the new ETF products. If these projections materialize, Solana’s ETF launch could become one of the most successful altcoin-based fund debuts to date, potentially solidifying its position as a top institutional-grade blockchain asset in 2025.
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