Hong Kong asset managers, including units of China Asset Management (ChinaAMC) and Harvest Global, may soon launch their spot bitcoin exchange-traded funds as early as later this month, OSL confirmed with The Block today.
“Reports suggest a spot BTC ETF may start in late April, with a spot ETH ETF following shortly after,” said Patrick Pan, chairman of the board and CEO of OSL. “All parties are working expeditiously to complete the process. However, exact dates remain unconfirmed at this time.”
“We view the recent approval in principle positively as it moves the industry closer to launching spot crypto ETFs,” Pan added.
Pan today…
