In Hong Kong, which aims to become a cryptocurrency center, fund management companies can apply for spot Bitcoin ETF.
According to Livio Weng, Chief Operating Officer of Hong Kong-based cryptocurrency exchange HashKey, 10 fund management companies operating licensed in Hong Kong, spot Bitcoin ETF It was stated that the probability of initiation increased.
According to an interview published today in China, Weng said that about ten fund managers, including funds based in Europe and Asia, are evaluating the ETF process across Hong Kong. Also, Weng 10 fund management companies He claimed that some of them had contacted the Hong Kong Securities and Futures Commission and formed teams to design new projects.
Following recent developments at the US Securities and Exchange Commission (SEC) and spot Bitcoin ETFs, these potential applications in Hong Kong Speeding up the ETF process Waiting.