Hong Kong Solana ETF traded HKD 1.99 million: What it means for the Solana price

Published on 10/26/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

U.S. spot SOL funds lost 24.8 million USD from October 5 to 9. Solana price is 101.65 USD on October 26, 2026, up 0.29 percent.

ETF flows and network data

Pando's Hong Kong fund posted HKD 1.99 million in turnover on October 13, 2026.
U.S. spot SOL ETFs recorded 24.8 million USD of net outflows from October 5 to October 9, 2026.
The Solana price stands at 101.65 USD as of October 26, 2026, 0.29 percent above the UTC daily close of October 25, 2026.
Alpenglow replaced TowerBFT on October 21, 2026, targeting 150-millisecond finality.

Solana, XCCRYPTOSOL6, Illustration mit AI erstellt.

Solana (SOL) gained a new Hong Kong-listed spot exchange-traded fund (ETF), a fund that tracks an asset, with HKD 1.99 million in turnover on October 13, according to AltcoinBuzz. The Solana price stands at 101.65 USD as of October 26, 2026, up 0.29 percent compared with the UTC daily close of October 25, 2026, according to Investing.com.

Hong Kong fund posted HKD 1.99 million on October 13

The Pando Solana ETF began trading in Hong Kong on October 13, with HKD 1.99 million in turnover, AltcoinBuzz reported. The listing added a Hong Kong product to a market that also includes U.S. spot SOL funds. An ETF holds an asset or a basket of assets and issues tradeable fund units, so its flows describe money moving into or out of the product rather than direct SOL purchases.

The same report said U.S. spot Solana funds lost 24.8 million USD in the week from October 5 to October 9, 2026, ending 14 consecutive weeks of inflows. The figure was based on SoSoValue data, while the report said Bitwise's BSOL accounted for about 21 million USD of the weekly outflow.

U.S. funds ended 14 inflow weeks

Yahoo Finance reported that the 24.8 million USD outflow was the largest weekly outflow since the funds launched in October 2025. The report also said Solana funds had attracted 816.8 million USD in 2026 through its publication date on October 12, 2026.

Separately, The Block reported that Solana activated the Alpenglow consensus upgrade on October 21, 2026, at slot 459,653,000. Anza said the change replaced TowerBFT and targeted transaction finality of about 150 milliseconds instead of 12.8 seconds. Finality is the point at which a transaction is treated as settled and irreversible. The Block also reported that the upgrade condensed Solana's previous two-step confirmation process into one step.

SOL data show rank seven on October 26

According to Investing.com, SOL trades at 101.65 USD as of October 26, 2026. The token is up 0.29 percent compared with the UTC daily close of October 25, 2026, with a daily high of 102.745 USD and a daily low of 100.367 USD for the UTC day. Investing.com lists market capitalization at 59.87 billion USD, rank seven, and 24-hour volume at 1.26 billion USD. Circulating supply is 589.82 million SOL.