This launch is notable for two key reasons: it is Asia’s first spot Solana ETF and it dramatically expands the suite of virtual asset ETFs already available in Hong Kong, which includes existing spot Bitcoin and Ethereum funds, Coinidol.com reports.
The final week of October 2025 (October 21–26) in the cryptocurrency and blockchain industry was defined by market recovery, a massive institutional pivot, and regulatory maturation in major global economies.
WazirX, one of India's largest crypto exchanges, announced its plan to restart operations on October 24, following a crippling security breach in July 2024 that resulted in over $230 million in losses.
This move dramatically bridges traditional finance (TradFi) with the digital asset world by focusing on two key pillars: tokenized gold assets and Bitcoin mining infrastructure, as Coinidol.com reports.