Hong Kong is on the brink of a groundbreaking development in the world of Bitcoin as major Chinese asset managers make significant strides towards launching the region’s first spot Bitcoin Exchange-Traded Funds (ETFs). This move reflects a notable shift in China bitcoin attitude and underscores Hong Kong’s emergence as a key player in the global Bitcoin market.

Chinese Asset Managers Enter the Fray

In a series of strategic maneuvers, leading Chinese asset managers have utilized their Hong Kong subsidiaries to spearhead the application process for Bitcoin ETFs. Harvest Fund and Southern Fund, boasting substantial assets under management, have filed applications for spot Bitcoin ETFs,…

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