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"Daily Economic News" learned that on the evening of April 24, three fund subsidiaries of China Asset Management (Hong Kong), Harvest International and Bosera International announced that the first batch of Hong Kong Bitcoin Spot ETF and Ethereum Spot ETF products they applied for have been approved by the Hong Kong Securities Regulatory Commission, and the products are expected to be officially listed and traded at the end of April.

Some industry insiders pointed out that this not only marks the launch of the first batch of Bitcoin Spot ETF and Ether coin Spot ETF in Asia, but also represents the innovative realization of the two blue-chip Crypto Assets with the Bitcoin and Ether coin redemption models, providing global investors with a new way to invest in a regulatory, transparent and efficient manner, and opening a new chapter in the integration of digital asset and TradFi systems.
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