The first Solana ETF in Hong Kong, "Huaxia Solana ETF," has been approved and is scheduled to be listed on the Hong Kong Stock Exchange on October 27.

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On October 22, according to the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission officially approved the first Solana (SOL) Spot ETF, issued by Huaxia Fund (Hong Kong), becoming the third approved Crypto Assets Spot ETF after Bitcoin and Ethereum, and the first of its kind in Asia. The ETF (code: 03460) is expected to be listed on the Hong Kong Stock Exchange on October 27, with a Renminbi counter (83460) and a US dollar counter (9460), and a minimum trading unit of 100 coins, with a minimum investment amount of approximately 100 US dollars. Its virtual asset trading platform is OSL Exchange, and the sub-custodian of the virtual assets is OSL Digital Securities Limited. The management fee rate for the ETF is 0.99%, with an annual recurring expense ratio of approximately 1.99%.

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