Golden Finance reported that according to the China Fund News, the Hong Kong Bitcoin spot ETF may be coming soon. Following the "customs clearance" of the first batch of Bitcoin spot ETFs in the United States, Hong Kong financial institutions have accelerated the layout of virtual asset spot ETFs. There is news that subsidiaries of fund companies have submitted relevant applications, and some that have not yet submitted applications are also speeding up preparations. Harvest International became the first institution to submit a Bitcoin spot ETF application to the Hong Kong Securities and Futures Commission. In addition, many Hong Kong organizations are gearing up. Relevant people from China Asset Management (Hong Kong) said that China Asset Management Hong Kong is currently actively studying the operating mechanism of spot virtual asset ETFs under the guidance framework of the Hong Kong Securities Regulatory Commission, and is also exploring the development prospects of virtual asset ETFs in Hong Kong. Another fund company revealed that the Hong Kong Securities Regulatory Commission had previously announced that it was ready to accept applications for virtual asset spot ETFs, and institutions have already submitted applications. In addition, there are currently banks in Hong Kong that support customers in trading virtual asset ETFs listed on the Hong Kong Stock Exchange, thereby providing relatively safe and indirect exposure to the cryptocurrency market.
