According to Odaily Planet Daily, Ding Chen, president of Southern East Asset Management Co., Ltd., said in an interview with Bloomberg that although it was a pity that it failed to become the first entity to launch virtual asset ETFs in Hong Kong, Southern East Asset Management is still working hard to work closely with institutions and partners to successfully launch virtual asset spot ETFs. Ding Chen pointed out that launching such a product requires not only the efforts of asset management companies, but also the support of custodians, market makers, PDs, etc. At present, some counterparties are not fully prepared. But once ready, the company will launch related products.