Hong Kong’s Securities and Futures Commission approves virtual asset management services by China Asset Management (Hong Kong), allowing investors access to ETFs investing in Bitcoin and Ethereum spot markets.
China Asset Management (Hong Kong) partners with industry leaders OSL Digital Securities Limited and Bank of China International Trustee to actively research and deploy these ETF products.
In a significant development for the crypto market, Hong Kong’s Securities and Futures Commission has granted approval to China Asset Management (Hong Kong) to offer virtual asset management services. This approval paves the way for the launch of exchange-traded funds (ETFs) capable of investing in the spot markets of Bitcoin and Ethereum.
BREAKING: Hong Kong just greenlit #Bitcoin and #Ethereum spot ETFs from top players like China Asset Management & Bosera Capital. Now, investors can dive into crypto via ETF shares!
Will this drive prices up in the next days? Let’s see if they can re
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