Harvest Fund and China Southern Fund’s Hong Kong subsidiaries have applied for a Bitcoin spot ETF
ChainCatcher news, according to The Block, the Hong Kong subsidiaries of Chinese asset management companies Harvest Fund and China Southern Fund have applied to regulators to provide a Bitcoin spot ETF, which will enable Hong Kong investors to invest in Bitcoin.
It is reported that the two companies have a combined asset value of more than $200 billion under management. The move is seen as anticipation for the debut of a cryptocurrency ETF in the Hong Kong market.
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