Pando Solana ETF Set for Hong Kong Listing

Pando Finance’s Solana exchange-traded fund is scheduled to begin trading on the Hong Kong Stock Exchange on October 13, making it the city’s second spot Solana ETF. The listing follows a fund launched by ChinaAMC and gives investors another regulated product tracking SOL, Solana’s native cryptocurrency. Solana said in an announcement that Pando’s ETF would list on the exchange. The scheduled date is October 13, 2026. The announcement describes the fund as holding SOL through HashKey, with an annual expense ratio of 1.6%. It says the product will not use staking or leverage and will not pay dividends. The launch adds a second issuer to Hong Kong’s market for spot Solana funds. The product is identified by the ticker 2831.HK. Details reported for the fund include cash and in-kind creation and redemption, multiple trading counters, and institutional custody. The scheduled listing, however, does not establish how much trading or investor demand the ETF will attract. The launch comes as demand for Solana funds has shown mixed signals. One report said spot SOL ETFs had recorded more than $30 million in outflows during October, though it did not specify a precise measurement cutoff.