Regarding whether there are plans to launch a spot Bitcoin ETF in Hong Kong, Samsung Asset Management said that it would not rule out exploring the possibility of launching a spot ETF; Serra Wei, CEO of digital asset custody company Aegis Custody, said that the company It is in talks with four asset managers to list spot crypto products in Hong Kong. Hong Kong’s regulatory requirements may result in issuers charging higher fees compared to the low management fees of many new U.S. spot Bitcoin ETFs.
Hong Kong's Securities and Futures Commission said it would not make any comment beyond the guidance issued in December last year. If we refer to past experience with traditional ETFs, the approval process for such products may take weeks to months. (Bloomberg)