Big news for crypto investors: Hong Kong is leading the way again. The Securities and Futures Commission (SFC) has approved the China Asset Management Solana ETF, marking the city’s third spot crypto ETF after Bitcoin and Ethereum. The fund is set to debut on the Hong Kong Stock Exchange this Monday.
Why This ETF Matters
Unlike some crypto products with high barriers to entry, the Solana ETF is designed for accessibility:
- Offers trading and settlement in both Chinese yuan and U.S. dollars
- Each unit has 100 shares, with a minimum investment of around $100
This opens the door for retail and institutional investors alike to gain exposure to the Solana blockchain.
How It Works
- OSL Exchange will handle the virtual asset trading platform
- OSL Digital Securities acts as sub-custodian
- Management fee: 0.99%
- Custody & administrative fees: capped at 1%
- Estimated annual expense ratio: 1.99%
Hong Kong isn’t new to crypto ETFs, ChinaAMC launched Asia’s first Bitcoin and Ethereum spot ETFs earlier in 2025. But Solana’s approval puts Hong Kong ahead of the United States, which still hasn’t greenlit a Solana spot ETF.
Global Context
Hong Kong isn’t the only country moving fast:
- Brazil launched its spot Solana ETF last year
- Canada approved Solana ETFs in April through asset managers Purpose, Evolve, CI, and 3iQ
- Kazakhstan debuted its first spot Bitcoin ETF with BitGo as custodian
This widening gap highlights diverging global regulatory approaches, even as demand for digital asset exposure grows among institutional and retail investors.
Why Investors Are Excited About Solana
Matt Hougan, Chief Investment Officer at Bitwise, recently called Solana “the new Wall Street.” He explained:
- Solana could become the primary blockchain for stablecoins and real-world asset tokenization
- Its speed, throughput, and transaction finality make it especially appealing to institutional investors
- Traditional finance is taking notice, seeing Solana’s potential to revolutionize payments, stocks, bonds, commodities, and real estate markets
Bottom Line
With Hong Kong moving quickly to approve Solana ETFs while the U.S. lags, investors now have an early opportunity to access one of the fastest-growing blockchain networks through a regulated exchange-traded product.
