Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Solana News Today: Regulators Approve Solana ETFs, Marking a Major Step Toward Widespread Crypto Adoption

Solana News Today: Regulators Approve Solana ETFs, Marking a Major Step Toward Widespread Crypto Adoption

Bitget-RWA2025/10/28 02:36
By: Bitget-RWA

The introduction of the first spot

exchange-traded funds (ETFs) in both the United States and Hong Kong represents a significant milestone for the cryptocurrency, reflecting increased institutional interest and regulatory endorsement. On October 17, the Securities and Exchange Commission (SEC) authorized 21Shares' Solana ETF for trading, allowing investors to directly track the asset’s price, as reported by . At the same time, Hong Kong’s Securities and Futures Commission (SFC) approved ChinaAMC’s Solana ETF, making Solana the third digital currency—after and Ethereum—to receive such approval in the region, according to . These approvals elevate Solana’s status in mainstream finance, with experts predicting notable capital inflows and wider usage.

The U.S.-listed ETF, managed by 21Shares, follows a trend of regulatory advancements that have recently benefited Bitcoin and

ETFs. This fund gives investors a way to access Solana without the need to manage crypto wallets, potentially drawing in more traditional investors from brokerage and retirement accounts, as highlighted in the Motley Fool article. This simplified access is anticipated to drive greater demand, especially among institutional investors who have previously been cautious about direct involvement with cryptocurrencies but now have a regulated investment option.

Solana News Today: Regulators Approve Solana ETFs, Marking a Major Step Toward Widespread Crypto Adoption image 0

In Hong Kong, ChinaAMC’s Solana ETF is set to begin trading on October 27, 2025, featuring a 0.99% management fee and a total expense ratio of 1.99%, according to

. The ETF will be available in Hong Kong dollars, Chinese yuan, and U.S. dollars, with a minimum investment of $100, making it more accessible to a broader range of investors. The SFC’s approval highlights Hong Kong’s goal to strengthen its position as a global center for regulated digital assets, with Solana’s fast blockchain and strong decentralized finance (DeFi) ecosystem attracting institutional funds, as noted by . Analysts believe the ETF could attract as much as $1.5 billion, fueled by increasing interest in Solana’s DeFi and non-fungible token (NFT) markets, according to Coinotag.

These regulatory approvals are already impacting the market. Solana’s price, currently around $190, has experienced fluctuations following the news, reflecting both enthusiasm and caution among investors. While the ETFs lend credibility to the asset, some experts advise caution due to ongoing risks such as regulatory changes or potential market oversaturation. “While this approval is a landmark event, it’s crucial to remember that cryptocurrency markets are still highly volatile,” the Motley Fool article cautioned.

Fidelity’s recent move to offer Solana trading to U.S. clients further integrates the cryptocurrency into conventional finance, according to

. This development is part of a larger trend of Wall Street institutions and global regulators embracing digital assets, with Solana’s market value now surpassing $100 billion. This upward momentum is supported by advances in its DeFi technology and collaborations with leading fintech companies.

The combination of regulatory advancements, growing institutional interest, and technological progress positions Solana for continued expansion. Nevertheless, its future will depend on maintaining regulatory transparency and addressing security issues. As the first Solana ETFs launch, their performance is expected to set the tone for broader adoption of crypto investment products in both the U.S. and Asian markets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SUSHI experiences a 0.18% increase over 24 hours, while facing a 14.41% drop in the past week as a result of overall market downturn.

- SUSHI rose 0.18% in 24 hours but fell 14.41% in 7 days, reflecting broader crypto market weakness and sustained bearish pressure. - Technical indicators show oversold RSI, bearish moving averages, and negative MACD, reinforcing pessimism about SUSHI's short-term recovery. - A backtesting strategy tested buying SUSHI after 10%+ drops with 10% take-profit and 8% stop-loss aims to assess mean-reverting potential amid volatility. - Despite temporary 24-hour gains, SUSHI's 66.96% annual decline highlights str

Bitget-RWA2025/11/04 00:22
DASH experiences a 33.07% jump fueled by urgent meal deliveries and targeted growth initiatives

- DoorDash launched an Emergency Food Response initiative, pledging 1 million free meals and waived fees for 300,000 SNAP-eligible grocery orders in November. - The program partners with 25+ grocery chains to address federal SNAP benefit pauses, enhancing DoorDash's role in crisis aid and convenience commerce expansion. - DASH stock surged 33.07% in 24 hours amid the initiative, with 214.67% gains over one year, reflecting investor confidence in strategic expansions. - Parallel autonomous delivery pilots w

Bitget-RWA2025/11/04 00:06
XRP News Today: XRP ETF Speculation: Will Regulatory Approval Ignite a Bull Market in 2025?

- XRP, BullZilla, and Toncoin dominate 2025 crypto forecasts amid regulatory clarity and institutional adoption trends. - Blazpay’s AI-driven presale raised $1M in Phase 3, selling 87% of 157.3M BLAZ tokens with gamified DeFi features. - Ripple’s XRP ETF approval potential and RLUSD’s $1B market cap highlight traditional finance integration efforts. - BullZilla’s HODL Furnace staking and TON’s Telegram-based scalability position them as meme and utility coin contenders. - Market volatility persists as XRP

Bitget-RWA2025/11/03 23:56
Ethereum News Update: Ethereum ETFs Overtake Bitcoin, Climbing to $28.6B as Major Investors Make Bold Moves

- A major Ethereum whale increased long positions in BTC and ETH, holding $37M and $18M after exiting short bets, signaling improved market sentiment. - Ethereum ETF inflows surged to $9.6B in Q3 2025, outpacing Bitcoin, while spot ETH ETFs now hold $28.6B in assets amid rising institutional demand. - ETH price rose 5.2% to $4,160, with technical indicators suggesting potential targets up to $16,077 if bullish momentum continues. - Growing corporate adoption of Ethereum's tokenization and large exchange wi

Bitget-RWA2025/11/03 23:56

Trending news

More
1
SUSHI experiences a 0.18% increase over 24 hours, while facing a 14.41% drop in the past week as a result of overall market downturn.
2
DASH experiences a 33.07% jump fueled by urgent meal deliveries and targeted growth initiatives

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,300.52
-3.95%
Ethereum
Ethereum
ETH
$3,596.16
-7.98%
Tether USDt
Tether USDt
USDT
$0.9997
-0.03%
XRP
XRP
XRP
$2.31
-8.50%
BNB
BNB
BNB
$991.77
-8.66%
Solana
Solana
SOL
$165.73
-12.15%
USDC
USDC
USDC
$0.9997
-0.04%
TRON
TRON
TRX
$0.2818
-5.46%
Dogecoin
Dogecoin
DOGE
$0.1670
-10.40%
Cardano
Cardano
ADA
$0.5514
-9.74%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter