The Hong Kong Securities and Futures Commission has approved the listing of the "Hua Xia Solana ETF" on the Hong Kong Stock Exchange, according to Caixin.com. Despite the allowance for virtual currency spot ETFs to offer staking services, the Hua Xia Solana ETF will not include this feature. Industry sources suggest this decision stems from a cautious approach by regulators following a hacking incident involving staking service provider Klin, which led to a theft at SwissBorg, a Switzerland-based cryptocurrency platform.