On February 17th, according to Ming Pao, the Hong Kong Securities and Futures Commission has previously approved the listing of Bitcoin and Ethereum futures and spot exchange-traded funds (ETFs). When asked whether they would consider allowing the introduction of virtual currency leveraged and inverse (L&I) ETFs, the CEO of the Hong Kong Securities and Futures Commission, Ashley Alder, responded that they would consider the volatility of the assets, and if the volatility is not significant, they would consider approving the issuance of related leveraged and inverse products. Alder also mentioned that the Hong Kong Securities and Futures Commission is about to issue a circular allowing issuers to launch ETFs with alternative investments as assets, and providing protection for relevant investors.
All Comments