Particle.news
Download on the App Store

Hong Kong Approves First Spot Solana ETF With Trading Set for Oct. 27

The ChinaAMC fund provides regulated, physical exposure to SOL without staking.

Overview

  • ChinaAMC’s Solana ETF will list on the Hong Kong Stock Exchange with HKD, RMB and USD counters, offered in 100‑SOL board lots.
  • The fund invests directly in SOL, tracks the CME CF Solana-USD Index based on the APAC reference rate, and explicitly declines to stake holdings.
  • Fees include a 0.99% management charge with total annual expenses guided near 1.99% as custody and administrative costs are capped at 1% of NAV.
  • BOCI-Prudential Trustee Limited is the primary custodian, with OSL Digital Securities as sub-custodian and OSL Exchange providing the licensed trading venue.
  • Hong Kong’s approval precedes any U.S. listing as SEC reviews remain delayed, and J.P. Morgan projects roughly $1–1.5 billion in first-year inflows across new altcoin ETFs, with SOL trading steady near $184 alongside a reported volume surge.