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Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May

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The firm said it has filed its spot bitcoin ETF application with the SFC and is 'in active discussion' with the Hong Kong regulator.

Venture Smart Financial Holdings Ltd., a Hong Kong-based financial services firm, has submitted its application for a spot bitcoin exchange-traded fund — and aims to launch the ETF as early as May.

“But we're also keeping June in our sights just to be on the safe side,” Chan said. “It's tough to pin down an exact date with regulatory processes, but we're in active discussions with the SFC. We've hit the ground running with their initial feedback and are working together closely.”

 

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Hong Kong’s in-kind ETF creation could be a significant market opportunity: AnalystsHong Kong aims to enable in-kind creations and redemptions for spot Bitcoin ETFs in the second quarter.
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