Wintermute Partners with OSL and HashKey to Provide Liquidity for Hong Kong Bitcoin and Ethereum ETFs

Odaily News In order to strengthen its market share in the Asian region, crypto trading firm and market maker Wintermute will become the liquidity provider for the Bitcoin and Ethereum spot ETFs recently listed in Hong Kong. Wintermute has reached a cooperation with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of the virtual asset trading platform that facilitates the operation of the ETF. Wintermute will assist OSL and HashKey in the purchase, sale and delivery of the ETF's underlying assets (i.e. Bitcoin and Ethereum) to ensure that the creation and redemption process of the ETF is seamless. Wintermute said that this partnership is part of its broader expansion into the Asian market. (CoinDesk)