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Published 14 days ago

Hong Kong regulators approve launch of spot bitcoin and ether ETFs

  • Hong Kong has approved the launch of spot crypto ETFs, including those investing directly in bitcoin and ether, with companies like Bosera Asset Management's oversea arm and Hong Kong firm HashKey Capital receiving conditional approval.
  • Harvest International and China Asset Management Company are among the fund managers granted approval by the Hong Kong Securities and Futures Commission for spot crypto ETFs.
  • Hong Kong becomes the first market in Asia to approve spot ether ETFs, allowing for both cash and in-kind subscriptions, potentially leading to global competitiveness in offering exposure to crypto assets.
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