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Approval of two giant companies: Green light for spot Bitcoin ETF!
The U.S. SEC's approval of spot Bitcoin ETFs has been an important threshold. After that, other countries started to follow this path. The Hong Kong Securities and Futures Commission has approved Harvest International Asset Management Company and China Asset Management (Hong Kong) Co. Ltd. for coin circle asset management competencies. The move paves the way for the launch of spot Bitcoin ETF products, which are expected around the end of April.
The updated list of virtual asset management fund companies on the official website of the Hong Kong Securities and Futures Commission reveals the inclusion of Harvest International and China Asset Management, marking their entry into the virtual asset industry in Hong Kong. These well-known public fund companies now have the necessary qualifications to promote "Coin Circles"-related money fund products to the public, including spot Bitcoin ETFs.
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The U.S. Securities and Exchange Commission's (SEC) approval of spot Bitcoin ETFs has been an important threshold. After that, other countries began to follow this path. The Hong Kong Securities and Futures Commission has approved Harvest International Asset Management and China Asset Management