Solana gets its first ETF in Asia. | Credit: CCN. Key Takeaways Hong Kong approves its first-ever Solana spot ETF, issued by ChinaAMC. It is the third crypto spot ETF in Hong Kong after Bitcoin and Ethereum. The Solana ETF will debut on Oct. 27 on the Hong Kong Stock Exchange. Hong Kong has approved its first spot Solana (SOL) exchange-traded fund (ETF), expanding its roster of regulated crypto investment products. The ETF, issued by China Asset Management Company (ChinaAMC), received formal cle ...

The XRP price moved above $3 on Sunday, October 5, and held steady around its five-day average. Despite a modest 2% rise, XRP appeared to underperform Bitcoin and Ethereum, which rallied over 3% as BTC set fresh all-time highs. This divergence suggests XRP could be primed for delayed upside momentum, as liquidity from Bitcoin’s record-breaking surge spills over into large-cap altcoins. A major narrative driving XRP’s current price rally is Ripple’s ongoing application for a U.S. Office of the Comptroller ...