Pando Finance to launch Hong Kong's second spot Solana ETF on October 13
Pando Finance Limited has announced plans to list its spot Solana exchange traded fund on the Hong Kong Stock Exchange on October 13, becoming the citys second investment product offering direct exposure to SOL. SummaryPando‘s spot Solana ETF is expected to list in Hong Kong on October 13, becoming the city’s second fund offering direct exposure to SOL.Subscriptions run from October 6 to 12, with shares priced between HK$7.80 and HK$8 and a minimum trading lot of 100 shares.The fund will charge a 0.6% annual management fee, compared with 0.99% for ChinaAMCs existing Solana ETF.HashKey Exchange will handle SOL transactions, while HashKey Custody Services will safeguard the assets. The fund will not use staking, derivatives or leverage. According to the funds subscription details, the Pando Solana ETF (02831) is accepting applications from October 6 through October 12, with an indicative issue price of HK7.80toHK8 per share. Investors can subscribe in lots of 100 shares, bringing the minimum entry cost to approximately HK$800 before brokerage charges and other applicable fees. Although the fund uses the US dollar as its base currency, its shares will trade in Hong Kong dollars on the local exchange. Pando has set an annual management fee of 0.6%, while its estimated annual









