Ethereum

Bitcoin

Spot

Dubai

Reported by Bloomberg, Hong Kong gave initial approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both digital assets as well as the wider crypto market.
Harvest Global Investments and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. announced initial approvals in separate statements on Monday.
The Hong Kong unit of China Asset Management said it had received approval from the city’s Securities &amp; Futures Commission for the provision of virtual-asset management services and is deploying resources to develop products.
In a statement, OSL Digital Securities Ltd. said it would provide custodial services for Bitcoin and Ether products from the China Asset Management unit as well as Harvest.
Hong Kong is vying with the likes of Singapore and Dubai to establish itself as a hub for digital-asset firms after rolling out a regulatory regime for virtual-asset service providers last year.

Hong Kong Gave Initial Approvals for Spot Bitcoin And Ethereum ETFs

TokenInsight

Weitere Artikel, die am 15. Apr. 2024 veröffentlicht wurden

Hong Kong Securities And Futures Commission Approves Spot Bitcoin And Ethereum ETFs

6 Top Free Legal Bitcoin Cloud Mining Platforms in 2024 – Daily Payouts

Altcoins Acting as Anchors in Stormy Markets: Insights from Analysts

Hong Kong Introduces New Avenue for Crypto Investments with Bitcoin and Ethereum ETFs

Analysts Are Bullish on These 3 Cryptocurrencies for 2024—Are They Worth Adding to Your Portfolio?

US IRS Ramps Up Efforts to Tackle Crypto Tax Evasion Ahead of Deadline

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!