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

ChainCatcher news, according to Caixin, the Hong Kong Securities and Futures Commission has approved the issuance and listing of the "Huaxia Solana ETF" on the Hong Kong Stock Exchange. Although Hong Kong's regulations have allowed virtual currency spot ETFs to provide staking services, the issuance of the Huaxia 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 theft incident at the Switzerland-based cryptocurrency platform SwissBorg, which caused Hong Kong regulators to believe that the staking function requires more cautious evaluation.