Insider: Hong Kong local institution Value Partners submitted an application for a virtual currency spot ETF but then voluntarily withdrew

This article is machine translated
Show original
According to Mars Finance, in addition to Bosera, China Asset Management, and Harvest, Hong Kong-based institution Value Partners also applied to issue a virtual currency spot ETF, but it did not appear on the approved list in the end. According to people familiar with the matter, Value Partners withdrew from the application due to poor preparation, tight time, and insufficient manpower. Moreover, compared with the other three companies, Value Partners mainly does active business in Hong Kong, and its ETF business is relatively weak, so it plans to wait and see.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments