Hong Kong has approved its first Solana (SOL) spot exchange-traded fund (ETF), the "Huaxia Solana ETF," issued by China Asset Management (Hong Kong). This ETF, with the ticker 03460, is the third cryptocurrency spot ETF approved in the region, following Bitcoin and Ethereum. It is set to be listed on the Hong Kong Stock Exchange on October 27. The ETF will offer both RMB (83460) and USD (9460) trading counters, with each lot consisting of 100 units and a minimum investment of approximately US$100. The OSL Exchange will serve as the virtual asset trading platform, and the ETF will have a management fee of 0.99% and an annual recurring expense ratio of about 1.99%.