Bloomberg: Hong Kong will approve #btc and #ETH spot ETFs as early as next Monday

BlockBeats news, on April 12, Tree News quoted Bloomberg terminal information showing that Hong Kong will approve Bitcoin and Ethereum spot ETFs as early as next Monday. People familiar with the matter said that the international subsidiary of China Harvest Fund Management Co., Ltd. and the partnership between Huatai Asset Management (International) Co., Ltd. and HashKey Capital are among the issuers expected to obtain Bitcoin and Ethereum spot ETFs. They asked not to be identified because the information is not public. People familiar with the matter said that once the Securities and Futures Commission of Hong Kong approves the approval and the listing details are finalized with the Hong Kong Stock Exchange, both companies intend to launch the two ETFs by the end of this month. People familiar with the matter also said that the regulator may approve the decision as early as Monday. This timetable is not fixed and may still change at the last minute. Spokesmen for the Securities and Futures Commission and Harvest declined to comment. Hong Kong Exchanges and Clearing Limited, HashKey and Bosera did not immediately respond to requests for comment. Earlier this week, it was reported that Harvest is expected to obtain permission to launch a spot Bitcoin ETF in Hong Kong. On April 9, the Hong Kong Securities and Futures Commission approved Harvest Fund and China Asset Management to provide virtual asset-related fund management services. A spokesperson for China Asset Management declined to comment on the authorization.