Hong Kong Securities Supervision Commission: I believe that fund companies applying for virtual asset ETFs will submit applications to the Hong Kong Stock Exchange in the next step

At present, fund companies have expressed that they have been conditionally and in principle approved by the Hong Kong Securities Supervision Commission for virtual asset spot ETFs. In response to Hong Kong media inquiries, the Hong Kong Securities Supervision Commission said that investment products approved by the Securities Supervision Commission will be listed on the list of investment products offered for sale on the website of the Commission. The Hong Kong Securities Supervision Commission continued to point out that if the ETF products applied for generally meet the requirements of the Commission, a conditional authorization letter will be issued, but various conditions still need to be complied with, including payment of relevant fees, submission of documents, and listing approval by the Hong Kong Stock Exchange. It is believed that the applicant fund company will submit an application to the Hong Kong Stock Exchange in the next step.