H.K. Seen Approving Bitcoin, Ether ETFs as Soon as Monday [BNN Bloomberg (Canada)]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
Company Research
Source: BNN Bloomberg
An international arm of Chinese asset manager Harvest Fund Management Co., as well as a partnership between Bosera Asset Management (International) Co. and HashKey Capital are among the issuers expected to get the green-light for both types of spot-crypto ETFs, the people said, asking not to be identified because the information isn't public. Both firms intend to launch the ETFs at the end of the month, once given the go-ahead by the Securities and Futures Commission and after finalizing listing details with Hong Kong Exchanges & Clearing Ltd., the people said. The nod from regulators could come as early as Monday, the people added, noting that the timeline isn't fixed and remains subject to last-minute changes. Spokespeople for the SFC and Harvest declined to comment. HashKey and Bosera didn't immediately respond to requests for comment. “HKEX is committed to supporting the continued growth and development of its vibrant ETF ecosystem,” a spokesperson for the exchange said. “W
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