Hong Kong Set to Launch Bitcoin and Ethereum Spot ETFs on Monday
Hong Kong approves Bitcoin and Ethereum spot ETFs, following US trend. Harvest, Bosera, and HashKey to launch, signaling crypto's deeper ties with traditional finance.
Huang BoHong Kong approves Bitcoin and Ethereum spot ETFs, following US trend. Harvest, Bosera, and HashKey to launch, signaling crypto's deeper ties with traditional finance.
Huang BoHong Kong is on the verge of approving a bitcoin ETF, potentially attracting significant investment from mainland Chinese investors.
BerniceSince the U.S. Securities and Exchange Commission approved the listing of the first 11 spot Bitcoin ETFs on January 10, Hong Kong’s financial market has also made new progress in incorporating virtual assets.
JinseFinanceThe Hong Kong Securities Regulatory Commission hopes to speed up the approval of the first Hong Kong Bitcoin spot ETF. It plans to list the first Hong Kong spot Bitcoin ETF on the Hong Kong Stock Exchange after the Spring Festival.
JinseFinanceHarvest International became the first institution to submit a Bitcoin spot ETF application to the Hong Kong Securities and Futures Commission.
JinseFinanceHarvest Fund Management's Hong Kong unit applies for a spot bitcoin ETF, hinting at Hong Kong's preparation for cryptocurrency ETFs. The move aligns with a broader industry trend, with stablecoin trials also gaining momentum in the region.
EdmundThe SFC mentioned in the circular that it was “ready to accept applications for virtual asset spot ETFs.” The head of securities product development of the Hong Kong Stock Exchange expressed his readiness to seize the opportunities brought by thematic investment and smoothly introduce new products to the Hong Kong ETF market.
JinseFinanceIf we assume the “worst case scenario” and the SEC rejects a spot Bitcoin ETF, the financial giants who submitted the application likely have another option: Hong Kong.
JinseFinanceHong Kong, embracing a crypto-friendly stance, may pioneer in launching Bitcoin spot ETFs in Asia, influenced by the U.S. and backed by a robust regulatory framework.
AlexSamsung said that the listing of the ‘Samsung Bitcoin Futures Active ETF’ on the Hong Kong stock market would take place on January 13.
Finbold