Hong Kong Stock Exchange Spokesperson: Bitcoin and Ethereum ETFs will promptly inform the market of any new progress
The South China Morning Post reported that sources said the Hong Kong Securities and Futures Commission may approve Bitcoin and Ether spot trading exchange-traded funds (ETFs) as early as next Monday, although the specific time has not yet been determined and may still change at the last minute. Once approved by the Hong Kong Securities and Futures Commission and the Hong Kong Exchanges and Clearing Limited, the two companies plan to launch the above-mentioned funds at the end of this month. A spokesperson for the Hong Kong Exchanges and Clearing Limited responded when asked: "The Hong Kong Exchanges and Clearing Limited is committed to supporting the continued growth and development of its active ETF ecosystem. If there are any new developments, we will promptly inform the market." Spokespersons for the Hong Kong Securities and Futures Commission and CSOP Asset Management declined to comment, while HashKey and Bosera Funds did not immediately respond to requests for comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin could hit $100K ‘within weeks:’ Galaxy
Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays
There’s a $450 billion behemoth forging BTC’s path to $100k
The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold
Dynamic Music Data NFTs are redefining artist-fan relationships: Here’s how