CoinVoice has recently learned that Weng Xiaoqi, COO of HashKey Group and CEO of HashKey Exchange, stated at a press conference in the afternoon that ETFs support both physical subscription and fiat currency subscription. Judging from the current situation of Bose Hashkey Bitcoin Spot ETF and Bose Hashkey Ethereum Spot ETF, physical subscription accounts for a larger proportion.

In addition, Weng Xiaoqi also said that for Web3 native users, buying spot ETFs is essentially a kind of "TradFi mining" that "mines" the value and potential of traditional markets and assets. For example, users who already hold BTC and ETH in Hong Kong can use IN-Kind to turn the original "alternative assets" into "mainstream assets", which will help them obtain Hong Kong immigration status and PI status (Professional Investor), which will facilitate their career and life in Hong Kong. [Original link]