Hong Kong Investment Committee: Investors should view virtual asset spot ETFs only as auxiliary investments

2024-07-02 10:00:49
Collection

ChainCatcher news, according to Ming Pao, the Hong Kong Investors and Financial Education Committee stated that virtual asset spot ETFs listed in Hong Kong are regulated by the Securities and Futures Commission. Investors can buy and sell virtual asset spot ETFs through securities firms or banks, and the trading method is as convenient and simple as that of stocks or other ETFs. However, investors need to understand the risk level of virtual asset spot ETFs to assess their suitability.

Due to the extreme volatility of virtual asset spot ETFs, they may not necessarily provide a diversification effect. Therefore, in an investment portfolio, virtual asset spot ETFs should only be considered as auxiliary investments.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators