Updated on 22nd October, 2025
In the latest development within Hong Kong’s vision to establish a crypto hub, the securities regulator has officially approved the first Solana spot ETF. The approval further solidifies Hong Kong’s image as Asia’s most progressive player in digital finance, coinciding with heightened global anticipation of similar developments in the United States.
According to the latest reports, the Securities and Futures Commission (SFC) has greenlighted China Asset Management Company’s (ChinaAMC) spot Solana exchange-traded fund.
Scheduled to begin trading on October 27 on the Hong Kong Stock Exchange, the approval represents a significant leap in institutional recognition of Solana’s growing prominence in the global blockchain ecosystem. It also underscores the region’s overwhelming ambition to become a global leader in the crypto and blockchain industries.
The Securities and Futures Commission (SFC) of Hong Kong has officially approved ChinaAMC’s spot Solana ETF, which is scheduled to debut on October 27, 2025. The fund will go live on the OSL Exchange, representing a major milestone as the first Solana spot ETF available to investors in Hong Kong’s growing digital asset industry.
As per the SFC’s official disclosure, the ChinaAMC Solana ETF (3460) was authorized on October 17, marking a regional first for Solana-based investment products. The ETF, set to list on October 27, will carry an annual management fee of 0.99%, according to ChinaAMC.
Hong Kong Solana Spot ETF
BOCI-Prudential Trustee Limited will act as the main custodian, while OSL Digital Securities serves both as sub-custodian and the provider of the fund’s virtual asset trading platform. Trading will take place on the Hong Kong Stock Exchange in HKD, CNY, and USD, with each currency featuring a board lot size of 100 shares.
Notably, the ChinaAMC Solana ETF offers investors direct exposure to the SOL price performance without the need to handle private keys or trade through cryptocurrency exchanges. As part of its approval process, the SFC conducted thorough reviews of custody structures and risk management protocols. The regulators intend to address key security concerns that have traditionally deterred institutional participation.
Interestingly, Hong Kong has been taking notable initiative to establish itself as a global crypto hub, despite mainland China’s restrictive approach. In a recent regulatory guideline, the Financial Services and the Treasury Bureau (FSTB) affirmed the region’s commitment to reaching “new heights of global digital asset leadership” as the city adapts to the “evolving global digital asset landscape.”
The OSL Exchange, licensed by the SFC as a virtual asset trading platform, will serve as the primary venue for the Solana ETF launch. This development reinforces Hong Kong’s status as a leading financial hub for digital asset products in Asia, positioning it in direct competition with Singapore and other emerging regional centers.
The Solana ETF’s debut comes as Hong Kong continues to expand its crypto regulatory framework, with the SFC’s approval reflecting rising institutional confidence in the sector. Beyond accessibility, ChinaAMC’s Solana ETF provides investors with more stable transaction costs compared to decentralized platforms, while OSL Exchange ensures a secure, regulated trading environment for participants.
Hong Kong’s Solana spot ETF approval comes at a time when the U.S. Securities and Exchange Commission (SEC) is expected to decide on its first batch of spot SOL and other altcoin ETFs. Although a ruling was initially anticipated by the October 10 deadline, progress has reportedly been delayed due to the prolonged U.S. government shutdown.
In a bid to streamline the approval process, the SEC last month introduced generic listing standards, eliminating the requirement for token-specific filing. While this regulatory shift has triggered a wave of new crypto ETF applications across the market, the SEC’s decision on major products is still pending.
The approval of the ChinaAMC Solana ETF marks a defining moment in Hong Kong’s digital asset journey, reinforcing its ambition to lead Asia’s regulated crypto market. As the world awaits the U.S. SEC’s next move, Hong Kong continues to set the pace for institutional crypto adoption and innovation.
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