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Hong Kong has reportedly approved its first spot bitcoin exchange-traded funds (ETFs), with multiple issuers announcing they received permission to launch Bitcoin ETFs.
China Asset Management, Bosera Capital and other applicants posted on social media that they got clearance to list spot Bitcoin ETFs in Hong Kong. However, the Securities and Futures Commission (SFC) has yet to release an official list of approved issuers.
According to the posts, the SFC greenlit China Asset Management to offer spot Bitcoin and Ether ETFs in partnership with OSL and BOCI International. Other approved issuers include Harvest Global Investments, HashKey Capital, and Bosera Asset Management.
The news mirrors…
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