The 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.
JinseFinanceHong Kong's VSFG aims to launch a spot Bitcoin ETF in Q1 2024, reflecting a global trend. The move follows the US push for Bitcoin ETFs. VSFG, eyeing $500 million AUM, is in the regulatory application process. The industry anticipates further developments amid increasing interest in crypto-based ETFs.
Cheng YuanIf 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.
AlexJulia Leung, the Chief Executive Officer of the Securities and Futures Commission, revealed that the city is considering allowing ordinary investors to use spot ETFs
Clement
Coinlive Coinlive Samsung said that the listing of the ‘Samsung Bitcoin Futures Active ETF’ on the Hong Kong stock market would take place on January 13.
FinboldSamsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
CointelegraphInternational Art fair staged by Art Basel Hong-Kong stay ahead supporting the digital art of work. In Its 2022’s exhibition, ...
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