Hong Kong’s virtual asset ETF market has established a mature structure including exchanges, market makers, primary and secondary custodians, etc.
Wang Long, Chairman of the Greater Bay Area Financial Professionals Association, pointed out in an article published in Ta Kung Pao entitled "Web3.0 Promotes Diversification of Financial Products" that although Hong Kong's ETF market is still in its development stage compared to the United States, it has established a mature architecture, including exchanges, market makers, primary and secondary custodians, etc. The Hong Kong Securities and Futures Commission has approved six virtual asset spot ETFs and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and renminbi categories, for trading on platforms holding the Hong Kong Securities and Futures Commission license. Nowadays, more and more global investors are paying attention to how to invest in virtual assets, and both the United States and Hong Kong, China have approved the listing of ETF funds for virtual assets, and the investment scale is rapidly increasing.
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