Markets › News › Markets

Pando Finance to Launch Solana ETF on Hong Kong Exchange

Pando Finance's new Solana ETF will begin trading on the Hong Kong Stock Exchange (HKEX) on October 13th.

Pando Finance's new Solana ETF will begin trading on the Hong Kong Stock Exchange (HKEX) on October 13th. Solana (SOL) is trading at $108.86. This is an original Token Times brief synthesising 2 outlets (The News Crypto, U.Today), plus live market data, as of Mon, 12 Oct 2026 16:00:01 UTC.

Why it matters

The launch signifies growing institutional interest in Solana and expands Hong Kong's crypto ETF market, providing investors with more options to gain exposure to the cryptocurrency market through regulated vehicles.

Covered by 2 outlets over about 26 min — Token Times synthesises them all into one brief
  1. The News Crypto
    Pando Finance Adds Solana to Hong Kong’s Growing Spot Crypto ETF Market ↗
  2. U.Today
    Another Spot Solana ETF Set to Launch This Month ↗
Key takeaways
  • Pando Finance's Solana ETF will list on HKEX on October 13th.
  • Subscription period runs from October 6th to 12th.
  • Entry price set at HK$800 per unit.
  • Solana's market cap stands at $64.11B despite recent 7-day decline.
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 13th, with a subscription period from October 6th to 12th. The entry price is set at HK$800 per unit according to The News Crypto, while U.Today emphasizes that this will be the second Solana ETF in Hong Kong, indicating growing institutional interest in the cryptocurrency.

Pando Finance is set to introduce a new Solana ETF to Hong Kong's growing cryptocurrency market. The fund, with the ticker 02831, will begin trading on the Hong Kong Stock Exchange (HKEX) on October 13th, following a subscription period from October 6th to 12th.

The entry price for the ETF is set at HK$800 per unit, according to The News Crypto. This development comes as Solana prepares to launch its second ETF in Hong Kong, as reported by U.Today, underscoring the increasing institutional interest in the cryptocurrency.

The launch of Pando Finance's Solana ETF is corroborated by both The News Crypto and U.Today, although U.Today does not provide specific details about the subscription period or entry price. This move adds to the competitive landscape of Hong Kong's spot crypto ETF market.

Solana (SOL), the cryptocurrency underlying the ETF, has a current market cap of $64.11 billion. Despite a 7-day decline of 10.02%, the cryptocurrency is trading at $108.84, with a 24-hour decrease of 0.66%.

The broader cryptocurrency market remains relatively flat, with a total market cap of $2.87 trillion. Bitcoin, the leading cryptocurrency, has seen a 24-hour decline of 0.59%, while the Crypto Fear & Greed Index stands at 69, indicating a 'Greed' sentiment among investors.

Market reaction since this brief Live

Since this brief published about 4 hours ago, Solana (SOL) has moved from $108.84 to $108.86 — +0.02%.

$108.84$108.84$108.85$108.86$108.86 published · $108.84 now · $108.86 (+0.02%) Oct 12 11:35 UTC Oct 12 16:00 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 Token Times'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 rupee

At today's peer-to-peer rate, 1 SOL ≈ ₹11,226.19 (about $108.86), down 2.7% over 24 hours. The rupee itself trades about 6.4% above the official rate on the P2P market, so a Indian 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
$108.86 ▼ 2.67%
7d -10.02%MCap $64.13BFull 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 Finance's Solana ETF start trading?

The ETF will begin trading on HKEX on October 13th.

What is the entry price for the Solana ETF?

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

How has Solana's price performed recently?

Solana is down 0.66% in the last 24 hours and 10.02% over the past week.

How much is 1 Solana worth in rupee today?

About ₹11,226.19 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $108.86. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from The News Crypto, U.Today, 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.

Token Times Newsdesk Data-stamped

Token Times'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 sha256:720ec108ca068367
Corroborated across 2 outlets, reported over about 26 min — this is an original Token Times summary with live market data, not the original article.The News Crypto · Oct 12 11:35 ↗U.Today · Oct 12 12:01 ↗

Original summary — not financial advice. This is an original Token Times 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.