We would like to extend our sincere thanks to the Hong Kong regulators for their forward-thinking and positive approach. The virtual asset management industry has a great potential for transformation, and we are proud to be early participants in this innovative industry. HashKey Capital also expects the approval to stimulate the development of the crypto market in Hong Kong and Asia. It is anticipated to attract more global funds and enhance the market’s underlying vitality.
However, specific details regarding the launch date of the ETFs haven’t been disclosed. Currently, the top 10 spot Bitcoin ETFs collectively manage over $55 billion, with the top three accounting for more than 85% of the total assets under management.
