Hong Kong’s Securities Regulator Approves First Solana ETF
Hong Kong’s Securities and Futures Commission has approved the city’s first spot Solana (SOL) ETF, allowing China Asset Management (Hong Kong) to list it on the Hong Kong Stock Exchange (HKEX). This marks the city’s third spot crypto ETF after bitcoin and ether, highlighting Hong Kong’s growing role as a regulated hub for digital assets.
Trading of the Solana ETF will begin on October 27, offering investors access through Hong Kong dollar (HKD), renminbi (RMB), and U.S. dollar (USD) counters. The launch aims to broaden institutional exposure to Solana while giving retail investors a regulated way to participate in its price performance. The approval reinforces Hong Kong’s commitment to expanding compliant crypto investment products in its financial markets.
Latest on Hong Kong Solana ETF approval
ChinaAMC’s Solana ETF marks the first approved spot SOL product in Hong Kong. According to the issuer’s product page, the fund lists on Oct. 27 with three currency counters—HKD (3460), RMB (83460), and USD (9460) and a board lot of 100 SOL. This follows Hong Kong’s earlier rollout of spot bitcoin and ether ETFs. China Asset Management+1
Trading details after Hong Kong Solana ETF approval
Listing venue
HKEX Main Board
Counters
3460 (HKD), 83460 (RMB), 9460 (USD)
Board lot
100 SOL
ISIN
HK0001198149These details are reflected in ChinaAMC’s official materials. Investors should review the prospectus, fees, and risk factors before trading.
U.S. context and expected flows
JPMorgan analysts forecast roughly $1.5 billion in first-year inflows for SOL spot ETFs significantly below ether’s citing competition from existing crypto products and investor fatigue. Meanwhile, an ongoing U.S. government shutdown has forced the SEC to furlough most staff, slowing ETF processing.
Market implications
The Hong Kong listing could provide regulated access to SOL exposure for Asia-based investors, potentially improving price discovery during regional trading hours. However, liquidity will depend on market maker support, primary market creation/redemption efficiency, and retail/institutional adoption relative to existing crypto ETPs. (Analysis)
Context & Analysis
Hong Kong’s rapid path to a SOL ETF after BTC and ETH products strengthens its bid as a regional hub for regulated digital-asset exposure. Near-term flows may be tempered by macro risk, competing ETPs, and U.S. regulatory delays. Longer-term adoption will hinge on Solana network activity, index inclusions, and cross-border distribution agreements.
Bottom Lines
The ChinaAMC Solana ETF, launching on October 27, introduces Solana (SOL) as the third major crypto asset available through Hong Kong’s regulated ETF market. Following bitcoin and ether funds, the addition marks another step in expanding institutional and retail access to digital assets within a compliant framework.
Although initial inflows are expected to be modest, the Solana ETF represents growing investor interest in diversified crypto exposure. Its debut could pave the way for more Asia-listed digital asset funds, reinforcing Hong Kong’s position as a regional leader in regulated crypto investment offerings.
FAQs
Q : When does the ChinaAMC Solana ETF start trading?
A : Oct. 27 on HKEX.
Q : What are the tickers and currencies?
A : 3460 (HKD), 83460 (RMB), 9460 (USD).
Q : What is the board lot size?
A : 100 SOL per lot.
Q : Is this the first Solana spot ETF in Hong Kong?
A : Yes, approved by the SFC.
Q : How much money might Solana ETFs attract?
A : JPMorgan projects about $1.5B in first-year inflows.
Q : Are U.S. Solana ETFs delayed?
A : SEC operations are curtailed during a federal shutdown, slowing approvals.
Q : Does this affect Solana’s price directly?
A : ETFs can influence access and liquidity, but prices depend on broader market factors. (General information)
Facts
Event
SFC approval of ChinaAMC’s spot Solana ETF; HKEX listing set for Oct. 27Date/Time
2025-10-22T18:00:00+05:00Entities
China Asset Management (Hong Kong) Ltd.; Hong Kong Securities and Futures Commission (SFC); Hong Kong Exchanges and Clearing (HKEX); JPMorgan Chase & Co.Figures
Tickers 3460/83460/9460; board lot 100 SOL; JPMorgan inflow estimate ~$1.5B (first year)Quotes
Sources
CoinDesk “Hong Kong’s Securities Regulator Approves First Solana ETF” (coindesk.com), ChinaAMC product page (chinaamc.com.hk)