香港虚拟资产现货ETF今日首发

Hey there! It's a big day for Hong Kong's capital market today. Bitcoin and Ethereum spot ETFs are hitting the scene!

These six virtual asset spot ETFs, brought by Huaxia (Hong Kong), Bosera International, and Jiashi International, each have their own unique features in terms of product fees, trading, issuance, and virtual asset platforms. They're all set to start trading on April 30.

Spot ETFs for Virtual Assets Launched in Hong Kong Today

Reportedly, the six spot ETFs for virtual assets debut today and will be listed on the Hong Kong Stock Exchange on April 30. These products come from Huaxia (Hong Kong), Bosera International, and Jiashi International, each offering a Bitcoin spot ETF and an Ethereum spot ETF.

According to available information, the investment objective of these products is to closely track the performance of Bitcoin/Ethereum, measured by the CME CF Bitcoin Index or the Ethereum Index (Asia-Pacific closing prices). These products invest 100% of their assets in Bitcoin or Ethereum, without engaging in other types of investments or transactions like financial derivatives, securities lending, repurchase agreements, or reverse repurchases. They may hold a small amount of cash for expenses or redemptions.

It's worth noting the differences between Bitcoin and Ethereum, although they're both virtual assets. Bitcoin is the first digital currency to enable online payment transactions using blockchain technology, while Ethereum is a cryptocurrency built on the Ethereum platform, featuring smart contract capabilities.

Reportedly, the three institutions' virtual asset spot ETFs explore differentiation in terms of fees, issuance, trading, and platforms, and they're pioneering ETF fee waivers in the Hong Kong market.