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Hong Kong May List Spot Bitcoin ETFs As Early As End of April

Mary Liu

Summary: According to Tencent Finance's Yixian report, the Hong Kong Securities Regulatory Commission urgently updated the list of virtual asset management funds today because it plans to announce the list of Hong Kong's first batch of spot Bitcoin ETFs on April 15. The Hong Kong Securities and Futures Commission originally planned to approve 4 spot Bitcoin ...

According to Tencent Finance's Yixian report, the Hong Kong Securities Regulatory Commission urgently updated the list of virtual asset management funds today because it plans to announce the list of Hong Kong's first batch of spot Bitcoin ETFs on April 15.

The Hong Kong Securities and Futures Commission originally planned to approve 4 spot Bitcoin ETFs in the first batch. In addition to Harvest International, there are also China Asset Management, Boshi Fund and Value Partners Financial. 

However, Boshi Fund and Value Partners Financial have not yet appeared in the list of virtual asset management funds updated by the Hong Kong Securities and Futures Commission in the early morning of April 10.

According to Hong Kong’s procedures, after the Hong Kong Securities Regulatory Commission approved the first batch of spot Bitcoin ETFs on April 15, the Hong Kong Stock Exchange would need about 2 weeks to prepare for the launch. However, due to detailed communication and planning in advance, It may take about 10 days to complete.

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Link: Hong Kong May List Spot Bitcoin ETFs As Early As End of April   [Copy]
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