Hong Kong approves Asia’s first “SOL Spot ETF”! Officially listed on the Hong Kong Stock Exchange on 10/27, when will the United States wait?

👤 pwcio@Zephyr 📅 2026-08-14 14:14:24

The Hong Kong Securities and Futures Commission (SFC) officially approved Asia’s first Solana (SOL) spot ETF today (22nd), becoming the third cryptocurrency spot ETF approved in Hong Kong after Bitcoin and Ethereum spot ETFs.
(Preliminary briefing: The U.S. government shuts down and "crypto regulation is broken": Litecoin ETF is stranded, and all 90 applications are blocked)
(Background supplement: LTC and SOL spot ETFs have a chance of passing 90% in October, and altcoins welcome the SEC's final ruling)

The Hong Kong Securities and Futures Commission (SFC) officially approved Asia's first Solana (SOL) spot today (22) ETF, becoming the third cryptocurrency spot ETF approved in Hong Kong after Bitcoin and Ethereum spot ETFs.

Hong Kong SOL Spot ETF Detailed Information

This SOL Spot ETF is issued by China Asset Management (Hong Kong) Co., Ltd. (ChinaAMC) and will be officially listed for trading on the Hong Kong Exchange (HKEX) on October 27, 2025. The following is the core information of this ETF:

  • Trading and custody: OSL Exchange is responsible for trading and settlement, and OSL Digital Securities provides custody services.
  • Investment threshold: Each unit consists of 100 shares of SOL, with a minimum investment of approximately $100.
  • Fees structure: Management fee is 0.99%, plus custody and administrative fees up to 1%, the total annual fee is approximately 1.99%.
  • Currency support: Supports Hong Kong Dollar (HKD), Renminbi (RMB) and US Dollar (USD) transactions.
  • Tracking index: Hold real SOL tokens directly and track the Solana market price index.

The approval of the U.S. SOL spot ETF is blocked

Compared with Hong Kong’s rapid action, the U.S. Securities and Exchange Commission (SEC)’s approval of the SOL spot ETF is slightly behind. As of October 22, 2025, SOL spot ETF applications from VanEck, Bitwise, Grayscale, Fidelity and other institutions are still under review. Originally, some SOL spot ETFs would receive final approval this month. However, due to the official shutdown of the U.S. government on October 1, the approval process for many cryptocurrency ETFs, including SOL, has been blocked. It is expected that no new news will be released until the U.S. government reopens.

Label:
share:
FB X YT IG
pwcio@Zephyr

pwcio@Zephyr

Blockchain and cryptoassets editor, focusing ontechnologyDomain content analysis and insights

Comment (10)

Nadia 41days ago
After reading this, I feel more confident in DAO.
Rosa 41days ago
The lack of a killer application is the industry’s biggest embarrassment.
Edmund 41days ago
Well said, the implementation of technology and application is the key.
Tyler 41days ago
The first-mover advantage is too obvious in public chain competition, making it difficult for latecomers to break through.
Helen 41days ago
The current technological maturity still needs to be improved.
Logan 41days ago
Identity, identity on the chain will be more important in the future.
Gail 45days ago
Well said, the implementation of technology and application is the key.
Gareth 47days ago
Find the right balance between compliance and innovation.
Dorian 53days ago
The industry cycle fluctuates violently, which is not conducive to long-term builders.
Heather 71days ago
Agreed, low threshold leads to high adoption.

Add comment

Popular content