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Oct 28, 2025

ChinaAMC lists Hong Kong’s first Solana ETF offering staking rewards, with CF Benchmarks-powered SOL pricing


ChinaAMC Solana ETF (3460.HK) marks the latest regulated milestone for Hong Kong’s expanding digital-asset ETF ecosystem


CF Benchmarks congratulates ChinaAMC upon the launch of the ChinaAMC Solana ETF (3460.HK) marking the next phase of Hong Kong’s evolution as a regulated hub for digital-asset investment.

ChinaAMC Solana ETF, which was listed on the Hong Kong Stock Exchange on Monday, October 27th, is available in the counters listed below.

Built upon the CME CF Solana-Dollar Reference Rate – Asia Pacific Variant (SOLUSD_AP), administered by CF Benchmarks Ltd, the ETF offers investors transparent and compliant exposure to Solana (SOL) — the high-performance blockchain powering a rapidly growing decentralized-application economy.

Crucially, the ETF also becomes Hong Kong’s first Solana ETF to incorporate staking rewards, reflecting a maturing framework that allows on-chain yield to coexist with regulated fund oversight.

Backed by ChinaAMC, one of the largest and longest established ETF issuers operating in Hong Kong, the cutting edge financial innovation that ChinaAMC Solana ETF embodies, is underpinned by an unmatched track record of investment expertise and governance.

About Solana

The Solana protocol is a high-performance network powering capital markets, payments, and crypto applications. It operates as a single global state machine, and is open, interoperable and decentralized. Solana is the fastest, most-used, and highest-revenue generating blockchain – delivering institutional-grade performance and generating substantive economic activity. The Solana network’s current $13 billion Total Value Locked (TVL), is close to an all-time high. With a free-float market capitalization of approximately $111 billion, and daily active users of some 2 million, Solana easily qualifies as a top 5 blockchain, enhancing its investment appeal.

A regulated path to on-chain SOL yield

By integrating staking rewards into a fully regulated ETF structure, ChinaAMC (HK) extends the city’s digital-asset product set beyond Bitcoin and Ether exposures. For institutional investors, the fund represents a compliant channel to accrue native network yield while maintaining the governance, custody, and transparency standards demanded under Hong Kong’s regulatory framework.

The structure demonstrates that regulated access and blockchain-native economics can align, provided that each element—benchmarking, valuation, and staking—operates within defined, auditable boundaries.

Powered by CF Benchmarks: The Global Standard for regulated Crypto Index Methodologies

At the core of the ETF lies the CME CF Solana-Dollar Reference Rate – Asia Pacific Variant (SOLUSD_AP) the regulated benchmark that defines Solana’s U.S.-dollar reference price during Asia trading hours.

Published and administered by CF Benchmarks, an FCA-authorized Benchmark Administrator and the world’s largest provider of digital asset indices in terms of assets referenced, SOLUSD_AP applies a transparent, manipulation-resistant methodology that draws transaction data from Constituent Exchanges meeting strict liquidity, compliance, and integrity standards. Its time-zone alignment ensures valuations reflect the region’s trading dynamics—an essential feature for Hong Kong-listed products and regional NAV calculation cycles.

This regulated foundation provides the ETF with price integrity, replicability, and investor confidence, extending the same benchmark framework that already underpins Hong Kong’s spot Bitcoin and Ether ETFs.

For CF Benchmarks, this launch extends the firm’s footprint across the region’s digital-asset ETF ecosystem, reinforcing its role as the benchmark infrastructure enabling innovation through regulation.

Governance, transparency, institutionally focused

With the choice of benchmark being a critical governance decision, the CME CF Solana-Dollar Reference Rate ensures an ETF’s NAV is derived from publicly verifiable, rules-based data governed by CF Benchmarks’ published methodologies and oversight committees. This separation of benchmark integrity from issuer-specific features, such as staking reward distribution enables compliance teams to differentiate pricing transparency from yield generation—a distinction essential for risk management and audit processes.

Conclusion: ChinaAMC Solana ETF is the latest step in Hong Kong’s Crypto Evolution

Following the introduction of spot Bitcoin and Ether ETFs in 2024, the listing of the ChinaAMC Solana ETF, including staking rewards, illustrates a broadening of regulated crypto-asset exposure for this pivotal region. The developments helps maintain the city’s status as Asia’s primary venue for compliant, institutionally structured access to the digital-asset class. Meanwhile, the ETF also demonstrates how benchmark integrity continues to underpin the evolution of regulated crypto-asset markets. As institutional investors seek diversified exposure to blockchain economies, CF Benchmarks’ regulated indices provide the transparent, representative, and manipulation-resistant pricing essential for product design, valuation, and long-term market confidence.


Explore more

Click the links below to find out more about ChinaAMC Solana ETF (3460.HK) and the CME CF Solana-Dollar Reference Rate – Asia Pacific Variant (SOLUSD_AP)

ChinaAMC Solana ETF (3460 HK / 83460 HK / 9460 HK) - China Asset Management (Hong Kong) Limited

Suitability Analysis of the CME CF Solana-Dollar Reference Rate as a Basis for Regulated Financial Products - March 2025 Update - CFB
Suitability Analysis of the CME CF Solana-Dollar Reference Rate as a Basis for Regulated Financial Products - March 2025 Update - CFB

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.


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