Posted 3/27/2024, 9:13:00 AM
Hong Kong Firms Apply for Spot Bitcoin ETF After Regulators Open Door to Crypto Products
- Hong Kong-based asset manager VSFG and Value Partners apply for spot bitcoin ETF
- VSFG partners with Value Partners on the application
- Applications follow SFC indicating it will allow in-kind creations and redemptions for spot bitcoin ETFs
- Harvest Global Investments likely first to apply for spot bitcoin ETF in Hong Kong
- Hong Kong regulators loosening crypto rules to become global crypto hub
