Hong Kong Bitcoin ETF has been accepting customer subscriptions yesterday afternoon! ! !
Hong Kong's Bitcoin and Ethereum ETFs have been accepting customer subscriptions through channels such as banks and securities companies on the afternoon of April 19. China Asset Management, Harvest Fund, and Bosera Fund have all accepted subscriptions through sales channels.
It is worth noting that the transaction currencies noted by China Asset Management are Hong Kong dollars/US dollars/RMB. Sources from the issuing institutions revealed that China's policy decision-makers' attitude towards Bitcoin has begun to loosen and reverse, because the rise of Bitcoin in the world is unstoppable. Instead of allowing Bitcoin to be traded privately and secretly without paying income tax, it is better to open up transactions so that the government can obtain considerable income tax. The only obstacle now is how to openly admit the lack of understanding without losing face and finding a way out. It is expected that China will gradually relax Bitcoin controls and allow some qualified investors in the mainland (financial assets of not less than 5 million yuan, or personal annual income of not less than 500,000 yuan in the past three years) to participate in Hong Kong Bitcoin ETF transactions through the Hong Kong Stock Connect.
Hong Kong Bitcoin ETF will be listed at the end of April.
Just got the news:
According to reliable information from banks and securities companies, many customers called to make appointments for subscription on the same day, and some customers went directly to securities companies and banks to inquire about how to subscribe.
