The world’s first Solana spot exchange-traded fund (ETF) has been accepted 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 accepted 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 obtainable below three foreign money 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.
If you’re questioning if the information had a lot affect on Solana? Presently, it’s buying and selling at $182.94, nevertheless it did hit $197.26 prior to now few hours.
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In the meantime, the US Securities and Trade Fee (SEC) acknowledged Grayscale’s spot Solana ETF SOL19b-4 just a few 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 payment and custody, administrative bills are capped at 1%.
Anticipation for US approval of the SOL ETF is excessive in the intervening time, and a inexperienced mild could also be forthcoming at any time. On X, consumer @kale_abe mentioned, “Everybody forgot about SOL however seems 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 among the largest crypto by market capitalization, with a complete community worth of over $100 billion.
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Canada simply accepted their staked SOL ETFs a few month in the past.
I consider that below (the brand new Securities and Trade Fee Chair Paul) Atkins, the workers is making an attempt to grasp 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 properly. So, I can’t see why that wouldn’t be a logical transition.
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Key Takeaways
The ChinaAMC Solana ETF is anticipated 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.
