According to Odaily Planet Daily, Hong Kong will become the first city in Asia to accept popular cryptocurrencies as a major investment tool, and the first batch of cryptocurrency spot ETFs will be traded on the Hong Kong Stock Exchange tomorrow. China Asset Management (Hong Kong) plans to issue one Bitcoin and one Ethereum ETF, denominated in Hong Kong dollars, RMB and US dollars.

Zhu Haokang, head of digital asset management and family wealth management at China Asset Management Hong Kong, expects that this will attract more cryptocurrency miners and market investors from Singapore and the Middle East who do not have related products. Zhu Haokang revealed that he has communicated with some family offices in Hong Kong, Asia and overseas, and many of them have expressed great interest. He believes that more family offices will participate in investing in virtual assets in the future.