Harvest Global Investments (hereinafter referred to as Harvest International) announced today that the Hong Kong Securities Regulatory Commission has approved in principle that Harvest will invest in two major digital asset spot exchange-traded funds (ETFs).
Harvest's investment in these two major digital asset spot ETFs will be carried out through OSL Digital Securities Co., Ltd., the first digital asset platform authorized and regulated by the Hong Kong Securities Regulatory Commission. This move effectively solves the problems of excessive margin requirements, price premiums caused by the lack of short trading, and rolling losses, thereby more accurately reflecting the real-time value of Bitcoin.