The Hong Kong Securities and Futures Commission has in principle approved the investment of Harvest Fund in Bitcoin and Ethereum spot ETF products
ChainCatcher news, Harvest Global Investments (hereinafter referred to as Harvest Global) announced today that the Hong Kong Securities and Futures Commission has in principle approved Harvest's investment in two major digital asset spot ETF products.
Harvest's investment in two major digital asset spot ETF products will be conducted through OSL Digital Securities Limited, the first licensed and insured digital asset platform by the Hong Kong Securities and Futures Commission, effectively addressing issues such as excessive margin requirements, price premiums caused by short selling deficiencies, and rolling loss, thereby more accurately reflecting the real-time value of Bitcoin.
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