Victory Securities announced that it has cooperated with EMC Labs to launch a compliant Bitcoin fund, Victory EMC BTC Cycle Fund, which has been approved for listing by the Hong Kong Securities Regulatory Commission. It is reported that the fund uses data mining and industry research, is aimed at qualified professional investors, and is the only virtual asset fund in Hong Kong that accepts stablecoin subscriptions. Investors can use US dollars, USDC or USDT to subscribe. This is the first institution of Victory Securities to be approved by the China Securities Regulatory Commission to provide virtual asset services to retail investors. The cooperation with EMC Labs aims to provide more diversified and innovative virtual asset products that comply with regulatory standards. The fund uses EMC Labs' data mining technology for cyclical allocation of Bitcoin and is expected to help investors obtain long-term returns under favorable market conditions. #BTC #etf
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