Caixin: Hong Kong's first Solana spot ETF does not include staking

ChainCatcher news, according to a report by Caixin, the Hong Kong Securities and Futures Commission has approved the listing of the "China Asset Management Solana ETF" on the Hong Kong Stock Exchange. Although Hong Kong regulations already allow spot virtual asset ETFs to provide staking services, the issuance of the China Asset Management Solana ETF does not include staking. Industry insiders revealed that this may be due to a previous incident where staking service provider Klin was suspected of being hacked, which led to a theft incident at SwissBorg, a Switzerland-based cryptocurrency platform. This has prompted Hong Kong regulators to believe that the staking function still requires more cautious evaluation.