- Hong Kong has formally launched the China AMC Solana ETF, making it the third permitted crypto spot ETF after Bitcoin and Ethereum.
- The ETF was listed on the Hong Kong Inventory Trade with a buying and selling quantity of HK$11.39 million.
- The fund provides money and in-kind subscriptions, prices a 0.99% administration charge, and helps buying and selling in HKD, RMB, and USD.
Hong Kong formally launched China AMC Solana ETF, the primary Solana Spot ETFpermitted by the Hong Kong Securities and Futures Fee (SFC). Class III product. This ends in Third crypto spot ETF It follows Bitcoin and Ethereum in being permitted within the metropolis.
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How was Solana’s ETF debut?
The ETF has began buying and selling on the Hong Kong Inventory Trade. The buying and selling quantity on the primary day was HK$11.39 million. The preliminary whole web belongings of the fund are HK$21.29 millionequal to about 13,461 sol. hong kong greenback counter -0.60% low cost to shut the dealindicating promoting strain. By comparability, its debut quantity was about half that of the Ethereum Spot ETF, which launched in April 2024 when the three merchandise went dwell concurrently.
ChinaAMC Solana ETF It doesn’t help staking, but it surely does help each money and bodily creation and redemption. To get extra yield. fund A 0.99% administration charge might be charged Price-free and multi-currency buying and selling with help for Hong Kong Greenback, Chinese language Yuan, and US Greenback. These options intention to supply traders with better flexibility and extra direct entry to the crypto market.
The ETF was permitted and issued on October 22, 2025. China Asset Administration (Hong Kong). analyst Its startup is Robust institutional implementation of digital belongings Hong Kong and the Metropolis’s efforts to diversify funding autos inside regulated monetary markets.
Hong Kong: Cryptocurrency monetary hub
The ETF’s debut additionally demonstrates the facility of spot merchandise. Guarantee liquidity and gauge preliminary market demand. Though first-day buying and selling quantity was modest in comparison with Ethereum ETFs, the introduction of Solana opens up alternatives for traders. third largest cryptocurrency by market capitalization and its increasing decentralized software ecosystem.
Hong Kong continues to strengthen its position as a monetary hub that integrates regulated digital belongings into conventional portfolios, offering a structured and supervised different to accessing crypto markets
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