Hong Kong approves Asia’s first Solana ETF launching Oct 27 as analysts set bullish SOL targets between $300 and $400.
Hong Kong has approved Asia’s first spot Solana ETF, set to begin trading on the Hong Kong Stock Exchange on October 27.
The approval comes from the Securities and Futures Commission (SFC), and it adds to ChinaAMC’s growing range of crypto investment products, including Bitcoin and Ethereum ETFs.
ChinaAMC Solana ETF Scheduled to Launch on October 27
China Asset Management Company (ChinaAMC) confirmed its Solana ETF (3460) will launch on October 27.
It will be listed in three currencies: Hong Kong dollars, Chinese yuan, and U.S. dollars, with 100 shares per trading lot. The ETF will be priced for retail access, with a minimum investment close to $100.
According to ChinaAMC’s official documents, the product will carry a 0.99% management fee.
BOCI-Prudential Trustee Limited serves as the main custodian, while OSL Digital Securities operates as sub-custodian and trading platform. The ETF is structured to track Solana’s spot market performance without requiring investors to hold the asset directly.
Analysts Set Bullish Targets for SOL Price Amid ETF Momentum
Crypto analysts have become increasingly bullish on Solana following the ETF announcement.
One analyst noted that Solana is still trading below $200 and described it as being in a “sweet zone.” Their short-term projection places the target between $300 and $400, citing a favorable risk-to-reward setup.
🚀 $SOL Ready for Takeoff!
We’ve been loading up under $200 just as planned, and now it’s go time. Price is still sitting in the sweet zone, but not for long — this week is your window before the next explosive move.
With targets at $300–$400+ and stops under $150, the… pic.twitter.com/BqGigxYOSw
— CryptoPulse (@CryptoPulse_CRU) October 22, 2025
This positive outlook coincides with rising interest in Solana-based products.
Investment inflows into Solana-linked funds hit $706 million recently, pushing total assets under management to $5.1 billion. The ETF adds to this momentum and offers investors new access points in traditional financial markets.
Broader Market Growth Supports Solana ETF Launch
The Solana ETF joins a broader trend of expanding crypto investment products in Asia.
The launch follows earlier ETFs for Bitcoin and Ethereum in Hong Kong, which saw strong initial trading activity and consistent inflows. While Ethereum ETFs saw early price declines, investor interest remained stable.
In the U.S., Bitwise has filed a fifth amendment for its Solana ETF (BSOL), cutting management fees to 0.20% and adding staking support. Bloomberg analyst James Seyffart said Bitwise was “slashing fees right to the bottom level.”
Beyond ETFs, Solana is also seeing institutional adoption. Japan’s first Solana Treasury firm recently launched through a partnership between DeFi Development Corp and Superteam Japan.
Gemini also introduced a Solana Edition credit card offering up to 4% cashback and staking features.
