Key points of Hong Kong ETF discussion

Pay close attention

● On April 15, the Hong Kong government approved China Asset Management, Harvest Fund and Bosera Fund to launch spot BTC and ETH ETFs in Hong Kong.

Among them, most ETFs are provided with custody and trading services by the compliant exchange OSL.

● Since the approval of the US BTC ETF, there has been a net inflow of more than US$12.53 billion (data source: SosoValue, as of April 12). Since Coinbase is the main custody and trading platform for the US BTC ETF, the transfer data to and from Coinbase has become an important market indicator. In the future, similar data from OSL can also be focused on.

● This is the first appearance of ETH ETF in an important global financial market, which may bring new opportunities for ETH and other altcoins.