US EditionHong Kong's Securities Regulator Approves First Solana ETF
22 Articles
22 Articles
Hong Kong SFC approves Solana spot ETF by ChinaAMC, trading Oct. 27 on OSL Exchange. Solana ETF launch marks crypto milestone.
Hong Kong Approves First Solana Spot ETF
The Hong Kong Securities and Futures Commission (SFC) has approved the first Solana (SOL) spot exchange-traded fund (ETF), making it the third cryptocurrency after Bitcoin (BTC) and Ethereum (ETH) to receive such approval. It is also the first SOL spot ETF in Asia, ahead of similar products in the US. According to the Hong Kong Stock Exchange, the ChinaAMC Solana ETF is managed by China Asset Management (Hong Kong) and will be available in RMB a…
Spot Solana (SOL) ETF Gets Regulatory Green Light in Hong Kong
Hong Kong’s financial regulator has granted approval for ChinaAMC’s spot Solana (SOL) exchange-traded fund (ETF), setting the stage for its debut next Monday. The Securities and Futures Commission (SFC) confirmed on its website that the ChinaAMC Solana ETF, under ticker 3460, received authorization on October 17. This is the first instance of a Solana spot ETF gaining regulatory approval in the region. Hong Kong’s First Spot Solana ETF According…
Solana (SOL) shows resilience with a modest increase of 0.5% in the last 24 hours, listing at USD $184.93 after the approval of its first ETF spot in Hong Kong, a milestone that could catalyze greater institutional adoption.This analysis breaks down the share of prices, technical and fundamental indicators, offering actionable scenarios for investors in a volatile market influenced by macro factors such as Fed rates and correlations with the S&P…
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