Hong Kong Approves First Solana (SOL) Spot ETF, Expanding Crypto Investment Options

Hong Kong’s Securities and Futures Commission (SFC) has officially approved the city’s first Solana (SOL) spot exchange-traded fund (ETF), further solidifying its position as a leading hub for regulated crypto investment products. The new ChinaAMC Solana ETF (03460) will debut on the Hong Kong Stock Exchange (HKEX) on October 27, offering investors diversified exposure to Solana alongside the region’s existing Bitcoin (BTC) and Ether (ETH) spot ETFs.

The ETF will be available under three currency counters — HKD (3460), RMB (83460), and USD (9460) — with each trading lot representing 100 SOL. This marks a significant step in Hong Kong’s ongoing efforts to expand its digital asset market and attract institutional investors seeking secure, regulated crypto exposure.

ChinaAMC, already a pioneer in launching spot Bitcoin and Ether ETFs in Asia, continues to lead innovation in the region’s crypto investment landscape. The approval reflects growing global interest in Solana’s blockchain ecosystem, known for its scalability and high-speed transactions, which are increasingly driving developer and investor adoption.

Meanwhile, in the United States, the Securities and Exchange Commission (SEC) has delayed progress on approving a Solana ETF due to limited staffing amid a prolonged government shutdown. Despite the regulatory holdup, analysts at JPMorgan forecast that a U.S.-based Solana spot ETF could attract approximately $1.5 billion in inflows during its first year. While this figure trails behind projections for Ether ETFs, it still highlights strong institutional appetite for diversified crypto exposure beyond Bitcoin and Ethereum.

As Hong Kong accelerates its leadership in the digital asset space, the ChinaAMC Solana ETF represents a pivotal milestone, positioning the territory as a gateway for global investors looking to participate in the rapidly evolving Solana ecosystem and the broader crypto market.