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Second spot Solana ETF to launch in Hong Kong on October 13 amid rising institutional interest.

Market News
12 Oct 2026
UToday
View Source
Bullish
Second spot Solana ETF to launch in Hong Kong on October 13 amid rising institutional interest.

Pando Finance is set to launch Hong Kong's second spot Solana ETF on October 13, expanding regulated crypto investment options in the region. This launch reflects growing institutional demand for Solana investment products, with global spot Solana ETFs nearing $2 billion in assets. Investors will gain regulated exposure to Solana's price without holding the cryptocurrency directly. The new ETF launch highlights Hong Kong's role as a growing hub for blockchain and crypto assets.

Solana trades at Rp1.980.064 on Pluang, showing a 0.94% gain as of Oct 12, 2026 19:22 WIB, with a market cap of Rp1.173,65 trillion and a 24-hour trading volume of Rp41,4 trillion. This price movement occurs as Pando Finance prepares to launch Hong Kong's second spot Solana ETF, reflecting increasing institutional interest in regulated Solana investment products. Pluang data also shows strong buying activity at 73% and a typical hold time of 71 days, indicating sustained investor engagement.

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