PANews
PANews|Oct 23, 2025 11:47
[Caixin: Hua Xia Solana ETF Does Not Include Staking, Possibly Due to Hong Kong Regulatory Need for More Cautious Evaluation] According to Caixin, the Hong Kong Securities and Futures Commission has approved the listing of the 'Hua Xia Solana ETF' on the Hong Kong Stock Exchange. Although Hong Kong regulations already allow virtual currency spot ETFs to provide staking services, the issuance of the Hua Xia Solana ETF does not include staking. Industry insiders revealed that this may be due to a previous incident where a staking service provider, Klin, was suspected of being hacked, leading to a cryptocurrency theft incident at SwissBorg, a Switzerland-based crypto platform. This has prompted Hong Kong regulators to believe that the staking function requires more cautious evaluation.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads