Hong Kong asset management company VSFG and Value Partners apply for spot Bitcoin ETF
Asset management company VSFG and its partner Value Partners have applied to the Hong Kong Securities and Futures Commission (SFC) for a physical Bitcoin exchange-traded fund (ETF). Earlier this week, a Bloomberg report stated that the Hong Kong Securities and Futures Commission may allow the creation and redemption of physical Bitcoin ETFs in the second quarter of this year. Venture Smart Financial Holdings, a Hong Kong-based company, also reportedly stated that it will submit an application for a physical Bitcoin ETF.
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