Pando Sets Oct. 13 Hong Kong Listing for Spot Solana ETF

The arrival of a second spot Solana ETF in Hong Kong signals that issuers see durable regional demand for regulated SOL exposure, even as the incumbent's modest assets under management suggest the category is still early. The competitive lever here is cost and distribution rather than product novelty, and the 0.60% fee will be judged against what ChinaAMC already charges. Whether Hong Kong's Solana ETF niche can grow beyond a handful of small funds — or remains a marginal allocation — is the open question worth tracking after listing.