Caixin: ChinaAMC Solana ETF does not include pledges, which may require more careful evaluation due to Hong Kong regulations

Foresight News, according to Caixin reports, the Hong Kong Securities Regulatory Commission has approved the issuance and listing of the "China Solana ETF" on the Hong Kong Stock Exchange. Although Hong Kong regulations have allowed virtual currency spot ETFs to provide pledge services, the issuance of the China Solana ETF did not include pledges. Industry insiders revealed that it may be because Klin, a pledge service provider, was suspected of being hacked and triggered the Swiss-based cryptocurrency platform SwissBorg The coin theft incident caused Hong Kong regulators to believe that the staking function needs to be evaluated more carefully.
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