Coinspeaker
Hong Kong Regulator to Approve First Spot Bitcoin ETF on April 15

As per the latest development, the Hong Kong Securities and Futures Commission (SFC) is now gearing up to greenlight spot Bitcoin ETFs in the region. Earlier today, April 10, the SFC updated the list of virtual asset management companies on its website including –  Harvest International, Boshi Fund, China Asset Management, and Value Partners Financial.

These four companies have been at the forefront of the crypto revolution taking place in Hong Kong and would be responsible for introducing spot Bitcoin ETFs for their institutional and retail clients. Moreover, earlier this year on January 26, Harvest International was the first to submit the application for spot Bitcoin ETF. It was also among the first public funds to enter the “currency circle” asset management.

Now, two months later, Harvest International has been qualified for “currency circle” asset management, reports Tencent Finance’s “First Line”. The report further added that the Hong Kong Securities Regulatory Commission has recently updated the list of its crypto management funds and plans to approve the fi...