Asian Giant Fund Plans to Establish an ETF for Cryptocurrencies

Value Partners Group, one of Asia’s largest funds, plans to establish exchange-traded funds (ETFs) for cryptocurrencies.

Value Partners senior strategist Zhao Shande said the cryptocurrency market maturation and better by checking together this area will continue to develop he thinks.

Shande is linked to cryptocurrencies and tokens plans to establish exchange traded funds (ETFs) explained.

The Hong Kong Securities and Futures Commission (SFC) issued a joint statement with the central bank last week. It is open to evaluation of applications for spot cryptocurrency ETFs. announced.

In the statement, “The virtual asset space has developed rapidly and is beginning to be incorporated into mainstream finance.” It was said.

According to the statements made by Shande, the company also Turning 3 tons of gold into digital tokens is evaluating.

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