香港 Solana ETF：SOL 的新浪潮？

香港批准華夏基金的 Solana ETF，引發全球關注。這是否會為更多 SOL 投資產品和潛在的價格飆升鋪平道路？

Hong Kong's Solana ETF: A New Wave for SOL?

香港 Solana ETF：SOL 的新浪潮？

Hong Kong's approval of the ChinaAMC Solana ETF is making waves! Is this the start of something big for Solana, potentially leading to wider investment and a price surge? Let's dive in.

香港獲批華夏Solana ETF 掀起波瀾！對於 Solana 來說，這是否是大事的開始，有可能導致更廣泛的投資和價格飆升？讓我們深入了解一下。

Hong Kong Leads the Charge

香港引領潮流

Hong Kong has officially given the green light to the first Solana ETF in Asia, managed by ChinaAMC. Trading is slated to begin on October 27, 2025, on the HKEX. This makes SOL the third cryptocurrency to receive spot ETF approval in Hong Kong, following Bitcoin and Ethereum.

香港已正式批准由華夏基金管理的亞洲首只 Solana ETF。預計於 2025 年 10 月 27 日在香港交易所開始交易。這使得 SOL 成為繼比特幣和以太坊之後第三種在香港獲得現貨 ETF 批准的加密貨幣。

ChinaAMC's Solana ETF: What You Need to Know

華夏 Solana ETF：您需要了解的信息

The ChinaAMC Solana ETF will trade in HKD, RMB, and USD, with each lot representing 100 SOL coins. The management fee is set at 0.99% annually, with an additional 1% for administrative expenses, resulting in a total annual expense of 1.99%. BOCI-Prudential Trustee Limited is the main custodian, with OSL Digital Securities as the sub-custodian. Keep an eye on the ticker symbols 3460 (HKD), 83460 (RMB), and 9460 (USD) once it launches!

華夏 Solana ETF 將以港元、人民幣和美元進行交易，每手代表 100 個 SOL 幣。管理費設定為每年0.99%，另加1%的行政費用，全年總費用為1.99%。中銀國際保誠信託有限公司為主託管人，OSL Digital Securities 為副託管人。一旦推出，請密切關注股票代碼 3460（港元）、83460（人民幣）和 9460（美元）！

Global Solana ETF Fever

全球 Solana ETF 熱潮

Hong Kong isn't the only place buzzing about Solana ETFs. Canada and Europe already have SOL exchange-traded products. In the United States, there are a whopping 23 spot Solana ETF filings awaiting SEC approval! Bitwise is even slashing fees on its proposed Solana ETF (BSOL) to a super-low 0.20%, including staking capabilities! Seems like everyone wants a piece of the SOL pie.

香港並不是唯一一個熱議 Solana ETF 的地方。加拿大和歐洲已經有 SOL 交易所交易產品。在美國，有多達 23 個現貨 Solana ETF 申請正在等待 SEC 批准！ Bitwise 甚至將其擬議的 Solana ETF (BSOL) 的費用削減至超低 0.20%，包括質押功能！似乎每個人都想從 SOL 的蛋糕中分一杯羹。

Why Solana? Why Now?

為什麼是索拉納？為什麼是現在？

So, what's driving this institutional interest in Solana? It boils down to a few key factors: deep liquidity, regulatory compliance, and ongoing development initiatives. The Solana network boasts a total value locked of around $11 billion and a stablecoin market cap of approximately $15 billion. These are figures institutional investors can’t ignore.

那麼，是什麼推動了機構對 Solana 的興趣呢？它歸結為幾個關鍵因素：深度流動性、監管合規性和持續的開發計劃。 Solana 網絡的鎖定總價值約為 110 億美元，穩定幣市值約為 150 億美元。這些是機構投資者不能忽視的數字。

Analyst's Optimistic Outlook

分析師的樂觀前景

The ETF approval has some analysts feeling bullish. One crypto analyst projects SOL could reach between $300 and $400, citing a favorable risk-to-reward ratio. While JPMorgan forecasts about $1.5 billion in first-year inflows, remember these are just estimates.

ETF 的批准讓一些分析師感到樂觀。一位加密貨幣分析師預計 SOL 的價格可能會達到 300 至 400 美元，理由是風險回報比良好。儘管摩根大通預測第一年資金流入約為 15 億美元，但請記住這些只是估計。

US Regulatory Hurdles

美國監管障礙

It's worth noting that the US regulatory landscape has faced delays, which allowed Hong Kong to jump ahead. The SEC's review was slowed by a recent US government shutdown, creating an opportunity for ChinaAMC to take the lead. The US approvals were postponed, underscoring divergent regulatory timetables.

值得注意的是，美國的監管環境面臨延遲，這使得香港得以領先。由於最近美國政府關門，美國證券交易委員會的審查速度有所放緩，這為華夏基金帶頭創造了機會。美國的批准被推遲，凸顯了監管時間表的分歧。

What Does This Mean for Investors?

這對投資者意味著什麼？

The Solana ETF offers regulated exposure to Solana, simplifying custody and on-chain operations. The multi-currency counters and 100 SOL lot size are designed to reduce currency friction and accommodate different investor types. However, institutional uptake will depend on secure custody and transparent proof-of-reserves.

Solana ETF 提供 Solana 的受監管敞口，簡化託管和鏈上操作。多貨幣櫃檯和 100 SOL 手數旨在減少貨幣摩擦並適應不同的投資者類型。然而，機構的採用將取決於安全託管和透明的儲備證明。

The Bottom Line

底線

The Hong Kong approval marks a significant step for Solana. It will be interesting to see if the demand will reach the levels of BTC and ETH, only time will tell. One thing is certain: the race for Solana ETFs is officially on, and the global crypto market is watching closely. Maybe it's time to brush up on your Cantonese… or just keep an eye on the charts!

香港的批准標誌著 Solana 邁出了重要一步。看看需求是否會達到 BTC 和 ETH 的水平將會很有趣，只有時間才能證明一切。有一點是確定的：Solana ETF 的競賽正式開始，全球加密貨幣市場正在密切關注。也許是時候溫習一下你的粵語了……或者只是關注圖表！