TREE NEWS update: Pando Finance will list its Solana ETF on the Hong Kong Stock Exchange on October 13, with an estimated annual fee of 1.6%. The fund will hold SOL through HashKey and will not stake, use leverage or pay dividends. It becomes Hong Kong’s second Solana ETF, following ChinaAMC’s.
Hong Kong to list second spot Solana ETF on October 13
Related Coin Charts
AI take
A second Solana ETF in Hong Kong signals that local issuers see durable demand for regulated altcoin exposure, even as the first mover already occupies the space. The choice to hold SOL without staking, leverage or dividends keeps the product simple and likely reflects regulatory caution, but it also means holders forgo staking yield—a trade-off worth watching as more such funds list. Whether fee competition or staking features emerge next is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Binance moves 21,750 BTC worth $1.69B between cold and hot wallets
3h ago
Malicious ‘SKR Claim’ App Briefly Listed on Solana DApp Store
3h ago
Strategy posts record quarterly operating profit of about $21B, CFO Andrew Kang to depart
4h ago
North Korean hackers launder $242M of Binance loot via Tron: analyst
4h ago
Ripple Locks 100M XRP Worth $125M in Escrow
5h ago
Bhutan’s Bitcoin Holdings Fall to 518 BTC from 13,000