Pando Finance is scheduled to launch Hong Kong's second spot Solana ETF on October 13, 2026, trading under ticker 2831.HK. The passively managed, physically backed fund tracks the CME CF Solana Dollar Index Asia Pacific variant and charges a 0.6% management fee with 1.6% estimated ongoing charges. Expanding Pando's crypto lineup alongside Bitcoin and Ethereum funds, the ETF offers institutional investors regulated exposure in the region.
HKEX listing and approval
- ▪An HKEX circular dated October 9, 2026, confirmed the eligibility of Pando Finance's Solana ETF (2831.HK), along with its custody and settlement arrangements
- ▪Pando Finance is scheduled to launch a spot Solana ETF on the Hong Kong Stock Exchange on October 13, 2026, trading under the ticker 2831.HK
Pricing and fee structure
- ▪Pando Finance's Solana ETF, trading under ticker 2831.HK, carries a headline management fee of 0.6% and an estimated ongoing charges ratio of 1.6%
- ▪Pando Finance's Solana ETF set an indicative issue price between HKD 7.8 and 8.0 per share, with trading in lots of 100 shares requiring an entry ticket of approximately HKD 800 at issue
Pando Finance virtual asset credentials
- ▪Pando Finance holds financial licenses allowing it to allocate 100% of an investment portfolio directly to virtual assets
- ▪Pando Finance's Solana ETF represents Pando Finance's third spot virtual asset ETF, joining its existing Bitcoin and Ethereum ETF products
Debatable claims
- ▪Hong Kong regulators should permit spot exchange-traded funds for altcoins
- ▪Expanding virtual asset ETFs strengthens Hong Kong's status as a financial hub
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