Solana ETF in Hong Kong at 0.6 percent: what changes for European investors

Hong Kong saw the launch of its second spot ETF on Solana on October 13, issued by Pando Finance under the ticker 02831. The management fee is 0.6 percent a year. You cannot buy this product from Europe. The number still matters, because it shows the range in which the cost of a Solana wrapper now sits. On Xetra the spread runs from 1.50 to 2.50 percent a year, and over ten years that gap costs more than any single day's move.