Hong Kong-based Victory Securities has revealed its proposed fee structure for Bitcoin and Ethereum ETFs, despite the Hong Kong Securities and Futures Commission not yet releasing the list of approved ETF issuers. Fees for purchasing ETF shares in the primary market will range from 0.5% to 1% of the total transaction, with a minimum fee of $850. For secondary market transactions, fees will be 0.15% for online and 0.25% for telephone transactions. These rates are competitive with US asset managers' offerings. The approval of these ETFs in Hong Kong has received mixed reactions from the crypto community.