Second Spot Solana ETF to Launch in Hong Kong

Pando Finance announced the launch of a second spot Solana ETF in Hong Kong. The securities listing on the Hong Kong Stock Exchange is scheduled for October 13.

The investment product will trade under ticker 2831 HK and will become the second similar fund based on the SOL asset in the region.

The new instrument gives investors the opportunity to profit from changes in the cryptocurrency's price through traditional exchange infrastructure. This allows avoiding the need to directly buy and store digital assets.