Victory Securities: It is expected that Hong Kong will launch a virtual asset ETF as early as the first quarter of this year

On January 12th, Hong Kong licensed virtual asset securities firm Victory Securities' executive director, Chen Peiquan, stated that the listing of spot ETFs in the United States this time is regarded by the "coin circle" as a key connection between virtual currencies and actual exchanges. This will inevitably attract more investors to participate. The Securities and Futures Commission of Hong Kong also expressed acceptance of applications for listing of cryptocurrency spot ETFs. He revealed that although fund companies in Hong Kong have not yet submitted applications, they are actively preparing for it. It is expected that in the first quarter of this year, several fund companies will express their intention to apply and may even succeed in doing so.