Hong Kong's Securities and Futures Commission has approved the region's first Solana spot ETF, to be issued by ChinaAMC. The product will begin trading on October 27 under ticker 3460, making Solana the third digital asset after Bitcoin and Ethereum to receive ETF approval in Asia. The fund will charge a 0.99% annual management fee and will be denominated in Hong Kong dollars, Chinese yuan, and U.S. dollars.

Evernorth announced a SPAC merger exceeding $1 billion in October, positioning the entity as the largest publicly traded XRP treasury globally. The firm is targeting a Nasdaq debut under ticker XRPN in early 2026. Ripple's $1 billion acquisition of GTreasury aims to integrate Fortune 500 treasury infrastructure with the XRP Ledger for corporate cross-border settlements.