Securities Times: Several leading fund companies are using their Hong Kong subsidiaries to deploy Bitcoin ETFs

According to BlockBeats, on April 8, according to the Securities Times, several leading fund companies are using their Hong Kong subsidiaries to indirectly deploy Bitcoin ETFs. Several institutions, including Harvest Fund Hong Kong Subsidiary and Southern Fund Hong Kong Subsidiary, are applying for and deploying Bitcoin ETFs. Among them, the product that Harvest Fund applied to the Hong Kong Securities Regulatory Commission is a Bitcoin spot ETF. In addition, China Asset Management's Hong Kong subsidiary recently reached a cooperation with the Hong Kong Bitcoin ETF custodian. Industry insiders predict that the relevant Bitcoin ETF application may be implemented as early as the second quarter of this year.