According to TechFlow, Chongqing CPPCC member Xu Xiaozhe published an article in the Hong Kong Wen Wei Po, proposing suggestions on the development of Hong Kong virtual asset ETFs. Xu Xiaozhe believes that the listing of Hong Kong virtual asset ETFs will help diversify the financial market and put forward several suggestions for further development.
Xu Xiaozhe suggested that Hong Kong consider introducing more types of virtual currency ETFs, including adding other mainstream virtual asset ETF products on different blockchain platforms to enrich investors' choices. He also suggested that the Hong Kong financial market could strengthen cooperation with other major financial markets around the world to jointly promote the cross-border trading volume and quality of virtual asset ETFs.
In addition, Xu Xiaozhe emphasized the importance of technological innovation in the development of virtual asset ETFs. He suggested that Hong Kong use blockchain technology to improve transaction transparency and security, and use artificial intelligence technology for market analysis and risk management to improve investment efficiency and risk control capabilities. Xu Xiaozhe believes that the launch of virtual asset ETFs is not only an innovation in the financial market, but also an important step for Hong Kong to move towards a new era of digital economy.