Hong Kong Securities Industry: Hope to issue relevant derivatives for cryptocurrency spot ETFs and launch relevant leverage options

Odaily News The Hong Kong securities industry hopes to issue related derivatives for cryptocurrency spot ETFs. Since cryptocurrency spot ETFs have been officially listed, brokerages can apply to regulators to issue derivatives, such as launching related options with higher leverage, which will greatly enhance the attractiveness of Hong Kong's virtual asset market. It can be said that after the launch of cryptocurrency spot ETFs, it will not only attract investors who like to invest in physical cryptocurrencies, but also open up more development opportunities for brokerages. Xie Mingguang, a senior securities industry figure, pointed out that cryptocurrency spot ETFs have more confidence in Hong Kong's development prospects.