Jansberg, director of risk consulting for KPMG in Hong Kong, said that compared with other regions, virtual asset spot ETFs issued in Hong Kong, China have many advantages, including the protection provided by the Securities and Futures Commission for investors, and more diversified subscription and redemption methods. For investors, physical redemption and subscription options are particularly attractive, and institutional investors who custody virtual assets themselves can consider holding the relevant assets through ETFs without converting them into legal currency in advance. He believes that Hong Kong is now ready to welcome spot Bitcoin and Ethereum ETFs. Hong Kong has very strict requirements for issuing such ETFs, including detailed review of the internal management and business capabilities of the applicant issuer to ensure that it complies with relevant regulations and provides sufficient protection for investors. Under the active promotion of the government, Hong Kong's regulatory environment has been continuously improved, providing a more stable investment environment for global virtual asset investors. The continued development of the virtual asset industry will help Hong Kong attract a new round of investors and institutions seeking emerging investment opportunities. (Economic News Agency) #BTC回调才会更好的上涨