Ethereum

Bitcoin ETF

Bitcoin

Spot

Taking a significant step towards solidifying its position as a regional crypto hub, Hong Kong today green-lighted several spot Bitcoin and Ethereum exchange-traded fund (ETF) applications. 
<h2 id="hong-kong-approves-spot-bitcoin-and-ethereum-etfs">Hong Kong Approves Spot Bitcoin and Ethereum ETFs</h2> 
China Asset Management, a leading Chinese asset manager, announced that its Hong Kong division has received approval from the Hong Kong Securities and Futures Commission (SFC) to offer retail asset management services linked to spot crypto ETFs. 
The company plans to collaborate with OSL and BOCI International to launch spot Bitcoin and Ethereum ETFs. 
Similarly, Harvest Global Investments announced that two spot crypto ETFs have received in-principle approval from the SFC. Developed in partnership with OSL, these ETFs aim to address concerns such as high margin requirements. 
In addition, Bosera Asset Management's Hong Kong unit and HashKey Capital announced that the regulator has conditionally approved two spot crypto ETFs jointly managed by the two entities. 
Related News: <a href="https://en.bitcoinsistemi.com/renowned-economist-announces-final-target-for-bitcoin-btc-price-hard-to-believe-figure/" target="_blank" rel="dofollow">Renowned Economist Announces Final Target for Bitcoin (BTC) Price: Hard to Believe Figure</a> 
While the details of the “conditional approval” remain unclear, Bosera and HashKey are preparing to launch a spot Bitcoin ETF called Bosera HashKey Bitcoin ETF and a spot Ethereum ETF called Bosera HashKey Ethereum ETF. 
These ETFs are expected to enable investors to subscribe to stocks directly using Bitcoin and Ethereum. 
Bosera emphasized the importance of the launch of Virtual Asset Spot ETFs, noting that it not only offers investors new asset allocation opportunities but also strengthens Hong Kong's status as an international financial center and a hub for virtual assets. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/the-expected-happened-hong-kong-approves-spot-bitcoin-and-ethereum-etfs-here-are-the-details/">The Expected Happened! Hong Kong Approves Spot Bitcoin and Ethereum ETFs! Here are the Details</a>

The Expected Happened! Hong Kong Approves Spot Bitcoin and Ethereum ETFs! Here are the Details

Съдържание

Bitcoin Sistemi EN

Други статии, публикувани на 15.04.2024 г.

As TRON stabilizes, Polygon and Koala Coin surge forward

Bitcoin Halving Predicted to Prompt Substantial Miner Sales

Significant Moves in the Crypto Market: Spotlight on DWF Labs and Bitcoin’s Resurgence

Elon Musk’s Controversial AI Statement Raises Hot Discussion in Community

Crypto Market Trends and Vitalik Buterin’s Latest Move

Senators Probe CFTC Chair Over Links to FTX Founder Bankman-Fried

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!