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Pando launches Solana spot ETF on HKEX with lower fees, boosting crypto options in Asia.

Market News
12 Oct 2026
TheNewsCrypto
View Source
Bullish
Pando launches Solana spot ETF on HKEX with lower fees, boosting crypto options in Asia.

Pando Finance is launching its Pando Solana ETF on the Hong Kong Stock Exchange on October 13, with subscriptions open from October 6 to 12. This is the firm's third spot virtual asset ETF, complementing its Bitcoin and Ethereum offerings, and aims to provide cost-effective Solana exposure with a 1.6% total expense ratio, lower than competitor ChinaAMC's 1.99%. The ETF is physically backed, tracks the CME Solana Dollar Index, and holds no leverage or derivatives. This launch could attract more institutional and retail investors seeking regulated Solana exposure, potentially increasing buying pressure on SOL over time.

The launch of Pando Finance's Solana ETF in Hong Kong provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 12, 2026 21:12 WIB: of 50 priced major cryptocurrencies, 31 rose and 18 fell. Notable movers include CAKE at Rp41.862 (+5.07%), SAND at Rp1.110 (-4.74%), and ZIL at Rp66 (+4.27%).

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