Overview
- The SFC approved ChinaAMC’s Solana spot ETF (ticker 03460), set to list on the Hong Kong Stock Exchange on Oct. 27.
- Shares will trade under three currency counters—HKD (3460), RMB (83460) and USD (9460)—with each lot representing 100 SOL.
- The fund carries a 0.99% management fee and an estimated 1.99% total annual expense ratio.
- OSL Exchange will facilitate ETF trading and OSL Digital Securities will act as the virtual asset sub-custodian.
- Solana becomes Hong Kong’s third spot crypto ETF after bitcoin and ether, as U.S. issuers await listings and J.P. Morgan projects about $1.5 billion in first-year inflows for SOL products.