Hong Kong Gives Initial Approval for Spot-Bitcoin and Ether ETFs [Yahoo! Finance]
CITIC SECURITIES UNSP/ADR (CIIHY)
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Source: Yahoo! Finance
Most Read from Bloomberg Israel Versus Iran — What All-Out War Could Look Like Texas Warns of Possible Power Emergency Next Week Apple Faces Worst iPhone Slump Since Covid as China Rivals Rise Iran's Missile Barrage Was an Error Israel Can Gain From Israel Grapples With New Phase in Its Multi-Front War With Iran China Asset Management, Harvest Global Investments and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. all announced initial approvals in separate statements on Monday. ChinaAMC is working with OSL Digital Securities Ltd. and BOCI-Prudential Trustee on the new products. Hong Kong is vying with the likes of Singapore and Dubai to establish itself as a hub for digital-asset firms. The city rolled out a regulatory regime for virtual-asset service providers in June 2023. The crypto market got a boost from the authorities' decision to give a green light for spot funds. Bitcoin extended gains, climbing as much as 4.1% to
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News
- Disappointing Volume For Hong Kong Crypto ETFs Launch, Issuers Unfazed By SEC's 'ETH-Security' Debacle [zero hedge]zero hedge
- Asia's first spot bitcoin and ether ETFs debut in Hong Kong [CNBC]CNBC
- Hong Kong Crypto ETFs Seen Opening ‘Door' for Chinese Investors [BNN Bloomberg (Canada)]BNN Bloomberg
- Asia's first spot bitcoin, ether ETFs start trading in Hong Kong [Yahoo! Finance]Yahoo! Finance
- Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs [Yahoo! Finance]Yahoo! Finance