Golden Finance reported that Blue Whale News learned from the industry that in addition to Bosera, China Asset Management and Harvest, Hong Kong local institution Value Partners also applied to issue a virtual currency spot ETF, but it did not appear on the approved list in the end. People familiar with the matter revealed to Blue Whale News that Value Partners withdrew after applying because the preparations were not done well, time was tight, and there was a shortage of manpower. In addition, compared with the other three companies, Value Partners mainly does active business in Hong Kong, and its ETF business is relatively weak, so it plans to wait and see.