🚀 News Flash 🚀
Livio Weng, chief operating officer of HashKey Group, revealed that Hong Kong is ushering in a wave of virtual asset spot ETFs! About ten fund companies are actively preparing to launch this new financial product, and seven or eight of them have entered the actual promotion stage. Behind this news is the U.S. Securities and Exchange Commission’s expectation for approval of 13 Bitcoin spot ETFs, as well as the important measures of the Hong Kong Securities Regulatory Commission and the Hong Kong Monetary Authority to announce in December 2023 that they are ready to accept applications for recognition of virtual asset spot ETFs.
🌟 This means that Hong Kong is expected to become the first market in Asia to allow the listing of virtual asset spot ETFs, bringing huge development opportunities to the entire industry. HashKey Exchange, as one of the only two virtual asset exchanges in Hong Kong licensed by the Hong Kong Securities and Futures Commission, will play a key role in the launch of virtual asset spot ETFs and participate in important links involving virtual asset trading and custody.
🔍 The emergence of this emerging market marks that virtual asset financial products are gradually moving into the mainstream, providing investors with more diversified choices. It is expected that in Hong Kong, an international financial center, virtual asset spot ETFs will bring more convenience and opportunities to investors. #BONK #mnt #ETH #OP #ARB $LDO $PERP $REQ