On October 27, it was reported that Hong Kong's first Solana spot ETF, China Solana ETF, was officially listed on the Hong Kong Stock Exchange, becoming the third type of cryptocurrency spot ETF approved by the Hong Kong Securities and Futures Commission after Bitcoin and Ethereum. According to SoValue data, the trading volume on the first day of listing was 11.39 million Hong Kong dollars, and the total net asset value was 21.29 million Hong Kong dollars, approximately 13461 SOL. The Hong Kong dollar counter closed at a discount of-0.60%, indicating strong selling. From the perspective of first-day turnover, it was about half of the revenue from the listing of the Ethereum Spot ETF in Hong Kong on April 30, 2024 (three products were listed at the same time at that time). China Solana ETF was issued by China Asset Management (Hong Kong) and was approved by the Hong Kong Securities and Futures Commission on October 22. Its characteristics include: supporting cash or physical redemption, not supporting Solana to provide additional income through pledge, a management fee rate of 0.99%, and multi-currency transactions: supporting Hong Kong dollar (code 3460), RMB (code 83460), and US dollar transactions (code 9460).