Caixin: Hong Kong's first batch of virtual asset spot ETFs approved by the Securities and Futures Commission, expected to be listed as early as the end of April

According to Mars Finance, Hong Kong companies under the public offering fund, Bosera International, China Asset Management (Hong Kong), and Harvest International, successively disclosed on April 15, 2024 that the issuance of virtual asset spot ETF products has been approved in principle by the Hong Kong Securities and Futures Commission. After approval, the issued varieties will include not only Bitcoin, but also Ethereum, which has not yet been approved by the US SEC. Reliable sources revealed that the above-mentioned virtual asset spot ETF products are expected to be listed as early as the end of April. After successful issuance, this will also become the first batch of Bitcoin spot ETFs and Ethereum spot ETFs in Asia. As of press time, the Hong Kong Securities and Futures Commission’s website has not officially released the approval information of the above series of virtual asset spot ETF products; according to previous sources, Value Partners Funds also obtained the approval of the Hong Kong Securities and Futures Commission to issue virtual asset spot ETF products in the same batch. (Caixin)