Pando Finance launches second spot Solana ETF on Hong Kong Stock Exchange on October 13 as global SOL ETF inflows reach $1.61B.
Ecosystem ·
Pando Finance is launching a second spot Solana ETF on the Hong Kong Stock Exchange scheduled for October 13. The move arrives as global Solana ETF inflows have reached $1.61B, signalling sustained institutional interest in SOL-denominated investment products across multiple jurisdictions.
Hong Kong has positioned itself as a regulated hub for digital-asset trading and institutional crypto products, combining mandatory licensing requirements with active promotion of Web3 infrastructure. The city's framework integrates crypto oversight into the responsibilities of the Securities and Futures Commission and Hong Kong Monetary Authority, creating a structure designed to attract both traditional financial intermediaries and token-focused firms operating under formal compliance regimes.
The timing of Pando's listing reflects broader momentum in Solana adoption within Asia's largest financial centres. However, details on the specific fund structure, asset under management targets, or whether this ETF will track a different benchmark than Pando's first listing remain unspecified in available reporting.