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Fosun International Securities Becomes First Asia-based Solana ETF Authorized Participant Broker

3 days ago

On October 29th, according to official channels, Fosun Wealth Holdings Limited ("Fosun Wealth Holdings"), which is a subsidiary of Fosun International Limited ("Fosun International"), announced that it has now become the sole Asian Solana ETF Authorized Participant for the "Huaxia Solana ETF" (Stock Code: 3460.HK). It will provide in-kind and cash creation/redemption services to enable institutional and individual investors to seize opportunities at the forefront of the digital asset field. This ETF is issued by Huaxia Fund (Hong Kong) Limited and is the first Solana spot ETF approved by the Hong Kong Securities and Futures Commission. After Bitcoin and Ethereum, it is the third type of cryptocurrency-based spot ETF to be approved in Hong Kong, signifying another significant milestone in the Asian market's financialization of digital assets. The fund was listed on the Hong Kong Stock Exchange on October 27th, further enhancing the local digital financial product portfolio and solidifying Hong Kong's status as an Asian Web3 financial hub.
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Bitcoin Drops Below $109,000

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The US Court of Appeals for the Tenth Circuit Rules in Favor of the Federal Reserve, Rejects Custodia's Main Account Request

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