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Harvest Fund and China Southern Fund’s Hong Kong subsidiaries have applied for a Bitcoin spot ETF

Harvest Fund and China Southern Fund’s Hong Kong subsidiaries have applied for a Bitcoin spot ETF

2024/04/08 15:41

ChainCatcher news, according to The Block, the Hong Kong subsidiaries of Chinese asset management companies Harvest Fund and China Southern Fund have applied to regulators to provide a Bitcoin spot ETF, which will enable Hong Kong investors to invest in Bitcoin.

It is reported that the two companies have a combined asset value of more than $200 billion under management. The move is seen as anticipation for the debut of a cryptocurrency ETF in the Hong Kong market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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