According to online reports, according to the Hong Kong Economic Times, the Hong Kong Securities and Futures Commission officially approved the first Solana (SOL) spot ETF issued by China Asset Management (Hong Kong), becoming the third approved cryptocurrency spot ETF after Bitcoin and Ethereum. It is also the first such product in Asia. The ETF (code: 03460) is expected to be listed on the Hong Kong Stock Exchange on October 27. It will have a RMB counter (83460) and a US dollar counter (9460), with 100 trading units per lot and a minimum investment amount of approximately US$100. Its virtual asset trading platform is OSLEExchange, with a management fee rate of 0.99%, and a full-year recurring expense ratio of approximately 1.99%.