Hong Kong’s Bitcoin ETFs will launch through an in-kind model that enables new ETF shares to be issued directly with BTC
On April 15, Hong Kong’s Securities and Future Commission (SFC) approved three spot Bitcoin and Ether exchange-traded funds (ETFs) from Harvest Global Investments, China Asset Management, and a partnership between Hashkey and Bosera Asset Management. The Stock Exchange of Hong Kong is now finalising listing procedures and related arrangements, a step expected to take approximately two weeks.
Based on the situation yesterday (April…