Pando Finance is set to list its spot Solana ETF on the Hong Kong Stock Exchange on October 13. The new financial product will trade under the ticker 2831, with the U.S. dollar serving as the base currency for the fund.

This instrument is structured as a physically backed and passively managed ETF. It represents the second spot Solana ETF available in the Hong Kong market, following the product previously launched by ChinaAMC.

Market participants are monitoring the launch to assess its potential impact on Solana's market perception and price dynamics. Analysts are focusing on initial performance metrics, net inflows, and future regulatory updates.