PANews reported on October 22nd that the Hong Kong Economic Journal has officially approved the first Solana (SOL) spot ETF, issued by China Asset Management (Hong Kong). This marks the third approved cryptocurrency spot ETF after Bitcoin and Ethereum, and the first of its kind in Asia. The ETF (ticker: 03460) is expected to be listed on the Hong Kong Stock Exchange on October 27th. It will feature both a RMB counter (83460) and a USD counter (9460). Each trading lot is 100 units, with a minimum investment of approximately US$100. Its virtual asset trading platform is OSL Exchange, with a management fee of 0.99% and an annual recurring expense ratio of approximately 1.99%.
Hong Kong's first Solana exchange-traded fund, the "Huaxia Solana ETF," has been approved.

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