VSFG and Value Partners Apply for Spot Bitcoin ETF in Hong Kong

Wednesday, 27 March 2024, 09:13

Hong Kong-based asset manager VSFG, in collaboration with Value Partners, recently submitted an application for a spot bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission. Head of Investment & Products, Brian Chan, shared this news with CoinDesk on Wednesday. This move marks a significant step towards introducing a bitcoin ETF in the Hong Kong market, potentially expanding investment opportunities for local and international investors.
https://store.livarava.com/6bebe599-ec1b-11ee-aec4-63fd8ea994ba.jpg
VSFG and Value Partners Apply for Spot Bitcoin ETF in Hong Kong

Asset Manager VSFG and Value Partners Apply for Bitcoin ETF

Asset Manager VSFG, along with its partner Value Partners, have submitted an application for a spot bitcoin exchange-traded fund (ETF) with the Hong Kong Securities and Futures Commission (SFC).

Key Points:

  • Significant Development: VSFG and Value Partners aiming to introduce spot bitcoin ETF in Hong Kong market.
  • Collaborative Effort: Joint application reflects strategic partnership between the two firms.
  • Market Expansion: Potential for increased investment avenues for local and global investors.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe