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News Explorer — Hong Kong Firms Apply to Offer Spot Bitcoin ETF

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Mar 27, 9:13 am
Coindesk

Hong Kong Firms Apply to Offer Spot Bitcoin ETF

Asset manager VSFG and its partner, Value Partners, have submitted an application for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC). The SFC is expected to allow in-kind creations and redemptions for spot bitcoin ETFs in Q2 2022. Hong Kong regulators have been open to considering applications for spot crypto ETFs since December 2023, following the approval of spot bitcoin ETFs in the US.

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