Spot Bitcoin ETF Era Begins in Hong Kong with SFC Application

5 months ago 1855

Key Takeaways

  • Harvest Hong Kong has submitted the archetypal spot Bitcoin ETF exertion to the Hong Kong SFC, pursuing the US SEC's support of a akin fund.
  • The SFC is accelerating the support process, with respective different fiscal institutions besides showing involvement successful launching spot BTC ETFs successful 2024.
  • Hong Kong's regulatory situation is progressively crypto-friendly, positioning it arsenic a starring cryptocurrency halfway successful Asia.
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