🔳 Hong Kong approved the first Solana spot ETF from ChinaAMC - the third crypto-ETF after Bitcoin and Ethereum, the first in Asia.
ℹ️For context: all ETFs on ETH in Hong Kong since April 2024 (when it was launched) have attracted only $127.86 million over 1.5 years, BTC ETF - $437.25M. Therefore, it is unlikely that we should expect significant liquidity inflow into SOL.