Hong Kong Set to Launch Spot Bitcoin ETFs
Key Takeaways Hong Kong's SFC added Harvest International Asset Management and China Asset Management to its approved virtual asset funds, enabling them to issue Bitcoin ETFs on the Hong Kong Stock Exchange; Hong Kong's first Bitcoin ETFs are set to be announced by April 15, with the Exchange then taking around two weeks for listing preparations; This update aligns with global trends, like the US SEC's approval of Bitcoin ETFs earlier this year.
Key Takeaways
- Hong Kong's SFC added Harvest International Asset Management and China Asset Management to its approved virtual asset funds, enabling them to issue Bitcoin ETFs on the Hong Kong Stock Exchange;
- Hong Kong's first Bitcoin ETFs are set to be announced by April 15, with the Exchange then taking around two weeks for listing preparations;
- This update aligns with global trends, like the US SEC's approval of Bitcoin ETFs earlier this year.
