At an event on September 27, Hong Kong Securities and Futures Commission Chairman Raymond Lui said that Hong Kong's first batch of virtual asset spot exchange-traded funds (ETFs) have been trading in an orderly manner since they were listed in April, with a market value of more than US$300 million. With the launch of the first Asian virtual asset futures ETF, retail investors can better manage related risks, and innovative products will drive Hong Kong's financial market forward.

Raymond Lui emphasized that blockchain technology has potential advantages in reducing transaction costs, and asset and securities tokenization is one of the main use cases. The Hong Kong Securities and Futures Commission is working with the HKMA to explore more tokenization use cases and hopes to establish a related ecosystem. Despite the volatility of virtual assets, the Hong Kong Securities and Futures Commission provides a safe investment environment for professional and retail investors by introducing a regulatory framework.