The world’s first Solana spot exchange-traded fund (ETF) has been authorized in Hong Kong, forward of the US or some other main crypto hub. After Bitcoin (BTC) and Ethereum (ETH), Solana (SOL) turns into third to obtain such regulatory approval for a spot ETF in Hong Kong.
The Securities and Futures Fee’s newly authorized ChinaAMC (the main native asset supervisor) Solana ETF will start buying and selling inside every week, on 27 October 2025. Moreover, it will likely be out there beneath three forex choices: Hong Kong Greenback (HKD 3,460), Chinese language Yuan (RMB 8,346), and US Greenback (USD 9,460). And every buying and selling unit will comprise 100 SOL shares.
In case you are questioning if the information had a lot impression on Solana? At the moment, it’s buying and selling at $182.94, but it surely did hit $197.26 previously few hours.
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In the meantime, the US Securities and Alternate Fee (SEC) acknowledged Grayscale’s spot Solana ETF SOL19b-4 a couple of months in the past.
JUST IN: $SOL HAS MORE ETF FILINGS THAN ANY OTHER CRYPTO SINCE 2024, WITH A TOTAL OF 23 ETF FILINGS!
INSTITUTIONS WANT SOLANA!#SOLANA
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— curb.sol (@CryptoCurb) October 22, 2025
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SOL ETF Made Accessible For Each Retail And Institutional Traders
ChinaAMC already operates Bitcoin and Ethereum spot ETFs in Hong Kong. Its newest Solana product is constructed with 0.99% administration charge and custody, administrative bills are capped at 1%.
Anticipation for US approval of the SOL ETF is excessive in the meanwhile, and a inexperienced mild could also be forthcoming at any time. On X, person @kale_abe mentioned, “Everybody forgot about SOL however feels like authorities is re-opening this week which implies SOL ETF approval very very quickly.”
With this approval, is $300 subsequent for Solana? Solana is likely one of the largest crypto by market capitalization, with a complete community worth of over $100 billion.
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Canada simply authorized their staked SOL ETFs a few month in the past.
I consider that beneath (the brand new Securities and Alternate Fee Chair Paul) Atkins, the workers is attempting to know how staked merchandise will work.
I’m very bullish that SOL ETFs will come out quickly as a result of they’ve already began buying and selling SOL CME futures. After which additionally the volatility shares, ETFs – each conventional and leveraged – together with these SOL futures are buying and selling effectively. So, I can’t see why that wouldn’t be a logical transition.
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Key Takeaways
The ChinaAMC Solana ETF is predicted to energise the regional crypto funding scene and set a precedent for different altcoins to comply with in gaining comparable regulated product standing.
This regulatory milestone comes at a time when the US SEC stays cautious, partly delayed by authorities shutdowns and workers shortages, with many Solana ETF filings nonetheless pending.
The publish Hong Kong Greenlights First-Ever Spot SOL ETF: Buying and selling Begins Inside A Week appeared first on 99Bitcoins.
