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summary
ChinaAMC's Bitcoin ETF and Ethereum ETF have been approved by the Hong Kong Securities and Futures Commission, marking an important milestone in the crypto asset market. The expected listing date for these ETFs is April 30, 2024.
introduction
The approval of two Spot Bitcoin and Ethereum ETF pairs by the SFC marks a groundbreaking initiative led by Boshi Funds and HashKey Capital Limited. The move is aimed at enhancing investors' asset allocation options and cementing Hong Kong's position as a prominent global financial and crypto asset hub.
Main points
HashKey Capital and Boshi International believe that the approval of these ETFs will make crypto asset allocation easier for traditional financial institutions and individual investors. The introduction of spot ETFs for virtual assets is an important step towards mainstream adoption.
Boshi International's Currency Holding Application System allows investors to apply for ETF shares directly using Bitcoin and Ethereum, increasing accessibility and convenience. ChinaAMC has also received approval for the ChinaAMC Ethereum ETF and ChinaAMC Bitcoin ETF, providing a secure and efficient way for investors to allocate digital assets.
conclusion
The approval of ChinaAMC's Bitcoin and Ethereum ETF represents a pivotal moment in the evolution of Hong Kong's crypto asset market. This decision not only expands investment opportunities but also establishes the region as a major player in the global financial landscape.
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