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Pando Finance to Launch Solana ETF on Hong Kong Exchange

Pando Finance is set to list a new Solana ETF on the Hong Kong Stock Exchange, adding to the city's growing crypto ETF market.

Pando Finance is set to list a new Solana ETF on the Hong Kong Stock Exchange, adding to the city's growing crypto ETF market. Solana (SOL) is trading at $108.93. This is an original TLT brief synthesising 4 outlets (The News Crypto, U.Today, The Coin Republic, and others), plus live market data, as of Mon, 12 Oct 2026 16:30:04 UTC.

Why it matters

This development highlights Hong Kong's emergence as a major hub for crypto ETFs, providing institutional and retail investors with more regulated exposure to digital assets like Solana.

Covered by 4 outlets over about 8.8 h — TLT synthesises them all into one brief
  1. The Cryptonomist
    Pando's Hong Kong Solana ETF will charge 0.6%, below ChinaAMC's 0.99% ↗
  2. The News Crypto
    Pando Finance Adds Solana to Hong Kong’s Growing Spot Crypto ETF Market ↗
  3. U.Today
    Another Spot Solana ETF Set to Launch This Month ↗
  4. The Coin Republic
    Solana SOL Price Analysis as Pando ETF Enters Hong Kong Market ↗
Key takeaways
  • Pando Finance's Solana ETF will list on HKEX on October 13.
  • The ETF entry price is set at HK$800 per unit.
  • Solana's second ETF in Hong Kong signals growing institutional interest.
  • Solana price is currently $108.84, down 0.66% in the last 24 hours.
What the reporting agrees on

Both The News Crypto and U.Today confirm that Pando Finance will list its Solana ETF on the Hong Kong Stock Exchange (HKEX) on October 13, with subscription open from October 6-12. The entry price is reported as HK$800 per unit by The News Crypto, while U.Today emphasizes that this will be the second Solana ETF in Hong Kong, indicating the city's growing importance as a crypto ETF market. No discrepancies were found between the outlets on these core facts.

Pando Finance is preparing to launch its Solana ETF on the Hong Kong Stock Exchange (HKEX), marking a significant expansion of the city's crypto ETF offerings. The ETF, with the ticker 02831, is scheduled for listing on October 13, according to multiple outlets.

The subscription period for the Pando Solana ETF will run from October 6 to October 12, with an entry price set at HK$800 per unit. Each trading unit will comprise a specific amount of Solana tokens, though the exact quantity has not been disclosed in the available coverage.

This development comes as Hong Kong continues to establish itself as a leading market for crypto ETFs. The addition of Pando's Solana ETF follows other recent listings, reflecting the region's proactive approach to providing regulated crypto investment vehicles.

The move also underscores the growing institutional interest in Solana, which is currently priced at $108.84, down 0.66% in the last 24 hours. Despite this slight dip, Solana's market cap remains substantial at $64.11 billion.

The broader crypto market remains relatively stable with a total market cap of $2.87 trillion. Bitcoin is down 0.59% in the same period, while the overall market sentiment, as measured by the Fear & Greed Index, is at 69, indicating 'Greed.'

Market reaction since this brief Live

Since this brief published about 5 hours ago, Solana (SOL) has moved from $108.84 to $108.93 — +0.08%.

$108.83$108.86$108.89$108.91$108.94 published · $108.84 now · $108.93 (+0.08%) Oct 12 11:35 UTC Oct 12 16:30 UTC
BeforeSince publishPublished · $108.84

The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 SOL ≈ ₦148,718.86 (about $108.93), down 2.6% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#7
$108.93 ▼ 2.60%
+0.08% since this brief published
7d -8.92%MCap $64.17BFull SOL data →
The market when this published · October 12, 2026
Total market cap$2.87T
Bitcoin 24h-0.59%
Ethereum 24h+0.76%
BTC dominance57.9%
Fear & Greed69 · Greed

Pando Finance to Launch Solana ETF on Hong Kong Exchange — questions & answers

When will Pando's Solana ETF be listed on HKEX?

The ETF will be listed on October 13, with subscriptions open from October 6-12.

How much does the Pando Solana ETF cost?

The entry price is set at HK$800 per unit.

Why is this ETF significant?

It highlights Hong Kong's growing role as a crypto ETF hub and provides more regulated investment options for Solana.

How much is 1 Solana worth in naira today?

About ₦148,718.86 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $108.93. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.

Has Solana's price moved since this brief was published?

SOL is up 0.08% since this brief first published — trading at $108.93 now versus $108.84 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from The News Crypto, U.Today, The Coin Republic, The Cryptonomist, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 12, 2026 ⛓ Timestamped at Bitcoin block #971,108 sha256:616c883d41db3a33
Corroborated across 4 outlets, reported over about 8.8 h — this is an original TLT summary with live market data, not the original article.The Cryptonomist · Oct 12 07:14 ↗The News Crypto · Oct 12 11:35 ↗U.Today · Oct 12 12:01 ↗The Coin Republic · Oct 12 16:00 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.