Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Market News: The Hong Kong Securities and Futures Commission plans to announce the first batch of Bitcoin ETF spot listings by April 15th

Market News: The Hong Kong Securities and Futures Commission plans to announce the first batch of Bitcoin ETF spot listings by April 15th

2024/04/10 02:08
By:

PANews reported on April 10th that, according to exclusive information from different sources obtained by Tencent Finance's "Frontline", the Hong Kong Securities and Futures Commission urgently updated the list of virtual asset management funds in the early morning of April 10th. This is because it plans to announce the first batch of Bitcoin ETFs in Hong Kong before April 15th. The Hong Kong SFC originally planned to approve four Bitcoin ETFs in the first batch, including Harvest Fund, Bosera Funds, and Huili Financial besides GaoShi International. However, Bosera Funds and Huili Financial have not yet appeared on the list of virtual asset management funds updated by the Hong Kong SFC in the early morning of April 10.

According to Hong Kong's process, after approving its first batch of Bitcoin ETFs on April 15th, HKEX will need approximately two weeks for product listing preparations. But since detailed communication and planning with HKEX were done ahead during this project’s early stage, it is expected that everything can be completed within about ten days. The original plan was for these Bitcoin ETFs to be listed in Hong Kong around April 25 at latest by end-April.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The hidden narrative behind ZEC's surge: The migration of a safe haven for "Chen Zhi and Qian Zhimin"

Bitcoin serves as insurance against fiat currency; Zcash (ZEC) is insurance against Bitcoin.

Chaincatcher2025/11/21 10:51
The hidden narrative behind ZEC's surge: The migration of a safe haven for "Chen Zhi and Qian Zhimin"

Eight Years of Solana: Anatoly Shares the Behind-the-Scenes Story

With such an outstanding founder and product, why hasn’t the token price increased?

Chaincatcher2025/11/21 10:51
Eight Years of Solana: Anatoly Shares the Behind-the-Scenes Story

Info Finance Prototype: How Can Prediction Markets Evolve from "Betting on the Future" to "Influencing the Future"?

When "using money to influence outcomes" becomes profitable, prediction markets gain the power to change facts.

Chaincatcher2025/11/21 10:48
Info Finance Prototype: How Can Prediction Markets Evolve from "Betting on the Future" to "Influencing the Future"?