Hong Kong Bitcoin ETF listed today, mainland investors are not yet allowed to participate in trading
2024-04-30 08:03:47
On April 30, comprehensive media reports, six Hong Kong virtual asset spot ETFs were officially listed on the Hong Kong Stock Exchange on April 30, including Huaxia (Hong Kong), Bosera International, Harvest International's Bitcoin spot ETF and Ether spot ETF. Xian Sujun, chief analyst of ETF Asia Pacific at Bloomberg Industry Research, believes that the asset management scale of Hong Kong Bitcoin and Ether spot ETFs is expected to reach 1 billion US dollars, but whether it can be realized ultimately depends on the development speed of infrastructure and ecosystem. According to Bloomberg data, only about 3 months after listing, the US spot Bitcoin ETF continued to record a huge inflow, with a scale close to 58.90 billion US dollars. It is understood that Hong Kong spot cryptocurrency ETF is open to professional and retail investors in Hong Kong. Chinese mainland investors are currently not allowed to participate in trading.