Pando Finance to launch Hong Kong's second spot Solana ETF on HKEX
Pando Finance is scheduled to list Hong Kong's second spot Solana ETF on the Hong Kong Stock Exchange on Oct. 13, expanding regulated crypto investment options beyond Bitcoin and Ethereum.
Pando Finance is set to debut its spot Solana ETF on the Hong Kong Stock Exchange on Oct. 13. The fund will mark Hong Kong's second spot SOL ETF, following the prior launch of the ChinaAMC Solana ETF, providing investors with a regulated vehicle to gain exposure to the token without directly holding the asset.[1][2][3][5][6][8][9][10][11]
Listing under ticker 02831, the fund is physically backed and passively managed. It will trade in Hong Kong dollars using the US dollar as its base currency. According to the fund's key facts statement, the ETF carries an estimated annual expense ratio of 1.6%, will hold its SOL through HashKey, and will not utilize staking, deploy leverage, or distribute dividends.[1][8][9]
The listing comes as market participants observe institutional crypto access widening beyond Bitcoin and Ethereum, even amid recent outflows in American funds. CoinMarketCap reported that US Solana ETFs logged $25.0 million in net outflows across five consecutive days through Oct. 9, while SolanaFloor cited $24.8 million in outflows. CoinMarketCap data also showed Solana's total value locked at $6.29 billion, marking a 6.65% increase over 30 days.[2][4][7]
Key facts
- Pando Finance's spot Solana ETF is scheduled to list on the Hong Kong Stock Exchange on Oct. 13 under ticker 02831.
- The vehicle represents Hong Kong's second spot Solana ETF, following the launch of the ChinaAMC Solana ETF.
- The passively managed fund is physically backed, trades in Hong Kong dollars, and uses the US dollar as its base currency.
- The ETF has an estimated annual charge of 1.6%, holds SOL via HashKey, and does not pay dividends, use leverage, or participate in staking.
- CoinMarketCap reported $25.0 million in US Solana ETF net outflows across five days through Oct. 9, while SolanaFloor reported $24.8 million in outflows.
- Solana's total value locked stood at $6.29 billion, reflecting a 6.65% increase over 30 days, according to CoinMarketCap.
Sources 路 9 sources
- SO
SolanaFloor@SolanaFloorPost on X 路
馃嚟馃嚢NEWS: Hong Kong is set to launch its second Solana spot ETF, the Pando Solana ETF (02831), on October 13. The ETF will provide direct exposure to $SOL through licensed trading platforms, without staking or leverage. https://t.co/Xk01J3Qol0
Open source - C庐
CryptoSavingExpert 庐@CryptoSavingExpPost on X 路
Hong Kong is about to get its second spot Solana ETF. Pando Finance鈥檚 Solana ETF is set to launch on the Hong Kong Stock Exchange tomorrow, October 13. This gives investors another regulated way to gain exposure to SOL without directly holding the asset. Institutional access to crypto continues to expand beyond Bitcoin and Ethereum, and I think that鈥檚 an important trend for Solana.
Open source - CB
Crypto BriefingArticle 路
Pando Finance鈥檚 Solana ETF set to debut on HKEX October 13 The launch of Pando Finance's Solana ETF on HKEX could enhance institutional access to crypto, influencing market dynamics and competition. The post Pando Finance鈥檚 Solana ETF set to debut on HKEX October 13 appeared first on Crypto Briefing .
Open source - CO
CoinMarketCap@CoinMarketCapPost on X 路
馃挕 CoinMarketCap | AI Insights 路 $SOL 馃挕 US $SOL ETFs saw $25.0M of outflows over 5 days. A new spot $SOL ETF from Pando Finance is set to list in Hong Kong on 13 Oct. 馃敼 Support is $109.24 and resistance is $116.68 馃敼 Its TVL is $6.29B, up 6.65% over 30 days 馃敼 It outperformed $BTC by 1.49% in the last 24h Powered by the CMC Agent Hub. Get the full $SOL breakdown here 馃憞 https://t.co/4RDjbL2wG6
Open source - CB
Crypto BriefingArticle 路
Pando Finance to launch Solana ETF on HKEX October 13 The launch of Pando Finance's Solana ETF on HKEX could boost Solana's market perception, potentially driving increased investor interest. The post Pando Finance to launch Solana ETF on HKEX October 13 appeared first on Crypto Briefing .
Open source - CO
CoinGape@CoinGapeMediaPost on X 路
馃嚟馃嚢 BREAKING: Pando Finance鈥檚 @solana ETF is set to launch on HKEX on October 13, marking Hong Kong鈥檚 second spot SOL ETF and expanding regulated access to Solana for investors. 馃殌 https://t.co/A7tZewLk6k
Open source - SO
SolanaFloor@SolanaFloorPost on X 路
News: Pando Launches Hong Kong鈥檚 2nd @Solana ETF as U.S. Funds Record $24.8M in Outflows 鉁嶏笍 @ideyquickvex https://t.co/1neGyCuhIu
Open source - BS
BSCN@BSCNewsPost on X 路
Hong Kong to Add Another Solana ETF Pando Finance is set to launch its spot Solana (@solana) solana:So11111111111111111111111111111111111111112 ETF on the Hong Kong Stock Exchange on October 13. The fund is physically backed and passively managed. It will trade in Hong Kong dollars, with the US dollar as its base currency. The fund would become the city鈥檚 second spot Solana ETF, following ChinaAMC鈥檚 launch.
Open source - TB
The Block@TheBlockCoPost on X 路
THE BLOCK: Pando Finance is set to list its Solana ETF on the Hong Kong Stock Exchange on Oct. 13, with estimated annual charges of 1.6%. The ETF will hold solana:So11111111111111111111111111111111111111112 through HashKey, and will not stake, use leverage, or pay dividends, according to its key facts statement. It will be the second Solana ETF in Hong Kong, following the ChinaAMC Solana ETF.
Open source - CO
Cointelegraph@CointelegraphPost on X 路
馃嚟馃嚢 NEW: Pando Finance鈥檚 Solana ETF is set to debut on HKEX on October 13, becoming Hong Kong鈥檚 second spot SOL ETF. https://t.co/laR62KehNL
Open source - CN
crypto.news@cryptodotnewsPost on X 路
JUST IN: Pando Finance to launch Hong Kong鈥檚 second spot Solana ETF on Oct. 13 The new fund will list on the Hong Kong Stock Exchange. https://t.co/8rh4eyOEPl
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