The official website of the Hong Kong Securities and Futures Commission shows that there are now 18 funds in Hong Kong that can manage "cryptocurrency" assets. However, Harvest International and China Asset Management are among the first public funds in Hong Kong to enter the "cryptocurrency" list.
Nearly three months later, Harvest International finally added the qualification of "cryptocurrency" asset management. This means that public funds including Harvest International and China Asset Management are eligible to issue fund products related to the "cryptocurrency" to the public, such as Bitcoin spot ETFs. Retail investors can subscribe to relevant products through the Hong Kong Stock Exchange.
It is reported that the Hong Kong Securities and Futures Commission urgently updated the list of virtual asset management funds in the early morning of April 10 because it planned to announce the list of the first batch of Bitcoin spot ETFs in Hong Kong on April 15.
The Hong Kong Securities and Futures Commission originally planned to approve a total of 4 Bitcoin spot ETFs in the first batch, including Harvest International, China Asset Management, Bosera Funds and Value Partners.
However, Bosera Funds and Value Partners have not yet appeared in the list of virtual asset management funds updated by the Hong Kong Securities and Futures Commission in the early morning of April 10. It is reported that the two funds do not have independent ROs (note, Hong Kong licensed responsible persons) that meet the requirements of cryptocurrency asset management, and they cooperate with cryptocurrency institutions Hashkey Capital and VSFG respectively. Data from the Hong Kong Securities and Futures Commission shows that Hashkey Capital and VSFG are already qualified cryptocurrency asset management institutions.
