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Hong Kong's first Solana spot ETF listed, the initial size 21.29 million HKD

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2025-10-27 16:30:48
On October 27, it was reported that the first Solana spot ETF in Hong Kong - Huaxia Solana ETF was officially listed on the Hong Kong Stock Exchange, becoming the third type of cryptocurrency spot ETF approved by the Hong Kong Securities Supervision Commission after Bitcoin and Ethereum.
According to SoSoValue data, the first day of trading 11.39 million Hong Kong dollars, the total net asset value 21.29 million Hong Kong dollars, about 13,461 SOL, Hong Kong dollar counter closing discount of -0.60%, showing strong selling. From the perspective of first-day trading volume, it is about half of the Hong Kong Ethereum spot ETF listing revenue on April 30, 2024 (when three products were listed at the same time).
The Huaxia Solana ETF is issued by China Asset Management (Hong Kong) and was approved by the Hong Kong Securities Supervision Commission on October 22. Its features include: support for cash or in-kind redemption, no support for Solana to provide additional income through pledge, management fee of 0.99%, and multi-currency transactions: support for Hong Kong dollar (code 3460), RMB (code 83460), and US dollar transactions (code 9460).
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