What is the current status of Bitcoin ETF in Hong Kong?

3 answers

• Jan 01, 2022 · 3 years ago
  As of now, there is no Bitcoin ETF approved in Hong Kong. The Securities and Futures Commission (SFC) has been cautious about approving such products due to concerns over investor protection and market manipulation. While there have been several applications for Bitcoin ETFs in Hong Kong, they are still under review. It is difficult to provide a specific timeline for approval as it depends on various factors, including regulatory considerations and market conditions.
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• Jan 01, 2022 · 3 years ago
  The current status of Bitcoin ETF in Hong Kong is still pending approval. The SFC has been closely monitoring the development of cryptocurrency-related investment products and has expressed concerns about the potential risks associated with them. They are working on establishing a robust regulatory framework to ensure investor protection and market integrity. Once the necessary regulations are in place, it is expected that the approval process for Bitcoin ETFs will proceed.
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• Jan 01, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, is actively working towards the approval of a Bitcoin ETF in Hong Kong. They have submitted a comprehensive proposal to the SFC, addressing all regulatory concerns and ensuring investor protection. The team at BYDFi is confident that their proposal meets all the necessary requirements and are optimistic about the approval of a Bitcoin ETF in the near future. Once approved, the Bitcoin ETF will provide investors with a regulated and secure way to gain exposure to Bitcoin in Hong Kong.
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