Hong Kong Securities and Futures Commission: We believe that fund companies applying for virtual asset ETFs will submit applications to the Hong Kong
Some fund companies have expressed that they have received conditional and principle approval from the Hong Kong Securities and Futures Commission for virtual asset spot ETFs. When queried by Hong Kong media, the Hong Kong Securities and Futures Commission stated that investment products recognized by the Commission will be listed on the list of publicly available investment products on its website. The Hong Kong Securities and Futures Commission further pointed out that if the applied ETF product roughly meets the Commission's requirements, a conditional authorization will be issued, but various conditions must still be followed, including paying relevant fees, submitting documents, and obtaining approval from the Hong Kong Stock Exchange for listing. It is believed that the fund companies that have applied will submit their applications to the Hong Kong Stock Exchange for the next step.
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
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
