Hong Kong Securities and Futures Commission: It is believed that the fund companies applying for virtual asset ETFs will next submit applications to the Hong Kong Stock Exchange

ChainCatcher news, currently some fund companies have indicated that they have received conditional and in-principle approval from the Hong Kong Securities and Futures Commission (SFC) for virtual asset spot ETFs. In response to media inquiries, the SFC stated that investment products recognized by the SFC will be listed on the publicly available investment products list on the SFC's website.

The SFC pointed out that if the applied ETF products generally meet the requirements of the SFC, a conditional authorization letter will be issued, but various conditions must still be adhered to, including the payment of relevant fees, submission of documents, and obtaining listing approval from the Hong Kong Stock Exchange. It is believed that the relevant application fund companies will next submit applications to the Hong Kong Stock Exchange. (Ming Pao)