Pando Asset Management has announced plans to launch a spot Solana ETF in Hong Kong on October 13. The fund will operate with a 0.60% annual management fee, providing investors with another option to gain exposure to Solana's native cryptocurrency.
The new ETF will join ChinaAMC's existing Solana ETF, which managed $8.58 million in assets as of the end of August. The addition of Pando's product may further diversify the investment choices available to Solana enthusiasts in the region.