Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Hong Kong virtual asset spot ETF does not invest in financial derivatives or engage in securities lending, repurchase and other transactions for any purpose.
2024-04-29 01:40
Odaily News The six virtual asset spot currency ETFs under China Asset Management (HK), Bosera International and Harvest Global, approved by the Hong Kong Securities Regulatory Commission, had their first issuance on April 29 and were officially listed on the Hong Kong Stock Exchange on April 30. Since Bitcoin and Ethereum are virtual assets, for the avoidance of doubt, these ETF funds will invest 100% of their assets in Bitcoin or Ethereum, will not make other types of investments, will not invest in financial derivatives for any purpose, and will not engage in securities lending, repurchase or reverse repurchase transactions. They may not use any form of leverage and may retain a small amount of cash for various expenses or redemption. (Securities Times)