OSL Appointed as the First Exchange and Sub-Custodian Partner for China AMC's Inaugural Spot BTC/ETH ETF Launch in Hong Kong [Yahoo! Finance]
CITIC SECURITIES UNSP/ADR (CIIHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
privileged to be chosen as the first virtual asset trading and sub-custodian partner by China Asset Management (Hong Kong) ("ChinaAMC (HK)") , a leading asset management company in Hong Kong, facilitating the approval in principle and launch of its inaugural spot Bitcoin/Ethereum ETFs in Hong Kong. This collaboration marks a critical advancement in the financial landscape of the region, heralding a new chapter in digital asset investments. With few markets worldwide accommodating Spot BTC/ETH ETFs, Hong Kong's initiative places it alongside pioneering regions such as Canada, Germany, and Switzerland. Reflecting on the U.S. experience where Spot Bitcoin ETFs garnered over $12.53B (source: SosoValue , as of 12 Apr 2024), the potential for Hong Kong's market is substantial and commands market attention. In this partnership, OSL utilizes its well-established infrastructure to ensure a safe trading environment crucial for the ETF's operations, meticulously managing the underlying asset
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