The post Solana ETF Buzz Builds as Hong Kong Approves First Spot-SOL Fund appeared on BitcoinEthereumNews.com.

Crypto News Hong Kong has approved the first spot Solana ETF, setting trading to begin within a week. That puts Solana in rare company, joining Bitcoin and Ethereum products that already trade in the city. Analysts note that this development could be potentially huge for Solana token valuation, with thousands of dollars in inflows expected once trading commences. Meanwhile, market activity indicates that whales may also be looking into newer PayFi solutions like Remittix that offer lower entries and higher upside potential. Solana ETF: What Hong Kong’s Green Light Means Source: CoinMarketCap ChinaAMC’s spot Solana ETF is slated to list on October 27, 2025, with HKD, RMB, and USD share classes. Each trading unit will represent 100 SOL shares, and fees are targeted at a 0.99 percent management rate with total expenses capped near 1 percent. The approval arrives before any U.S. spot product for Solana, which makes this a notable first for an altcoin in Asia. ETFs must hold the underlying asset, so steady creations can translate into real buy pressure for Solana. That is why traders watch early inflows and market maker activity closely in the first sessions. If primary market demand is strong, it can tighten supply on exchanges and lift price discovery. Solana Price Prediction: Levels To Watch After The News Into the announcement, Solana traded near 182 to 197 intraday. Bulls want to see a clean reclaim of 200 next. A daily close above that level opens room toward 215 to 225, then 240. If momentum stalls, 175 to 178 is a nearby support shelf, with 168 below that. If U.S. regulators move faster than expected on related products, the narrative strengthens further. However, it’s not an open-and-shut case because if early ETF demand is soft or broader risk assets wobble, Solana can revisit 168…

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Filed under: News - @ October 26, 2025 3:28 pm