Bosera HashKey Bitcoin and Ethereum ETFs both top the Asian market

Hong Kong, July 5, 2024 - Yesterday, the Bosera HashKey Virtual Asset ETF achieved a historic breakthrough, with total assets under management exceeding 110 million USD for the first time. Among them, the Bosera HashKey Ethereum ETF (HK.3009) has shown significant advantages, maintaining a stable position of over 6,000 Ethereum since May 7, leading the market continuously. Following closely, the Bosera HashKey Bitcoin ETF (HK.3008) also surpassed expectations yesterday, with assets under management exceeding 90 million USD, jointly driving the total scale of the Bosera HashKey Virtual Asset ETF to a historic high, currently ranking first in Asia.

Since 2015, the founding team of HashKey has been deeply involved in the construction of the global blockchain and crypto ecosystem. As one of the few forward-looking institutional investors globally, HashKey not only funded the Ethereum Foundation in its early days but also supported the vigorous development of the Ethereum ecosystem in the Asia-Pacific region. As one of the earliest institutional investors in Ethereum, HashKey has accumulated significant first-mover advantages in the wave of traditional finance converging with Web3.

In 2018, HashKey Capital, a subsidiary of HashKey Group, was officially established, adhering to the principles of institutionalization and compliance, and quickly rising to become a leading venture capital fund in Asia. HashKey Capital insists on a global layout strategy, promoting the flow of industrial resources and local ecosystem construction, making significant contributions to the development of global blockchain technology, industrial upgrades, and community iterations. During the industry's low point in 2022, HashKey Capital successfully raised 500 million USD for its third VC fund, injecting new vitality into the Web3 community. Over the past six years, driven by a dual engine of investment and research, HashKey Capital has invested in over 600 blockchain projects, making important contributions to the prosperous development of the global blockchain ecosystem.

As a bridge between the crypto world and traditional finance, HashKey Capital continuously sets new benchmarks for compliance in the Web3 industry. In 2022, HashKey Capital Limited completed the upgrade of its Type 9 asset management virtual asset license in Hong Kong, and in 2023, HashKey Capital Singapore Pte. Ltd. obtained a Capital Markets Services asset management license in Singapore. This year, HashKey Capital Limited has also successively obtained the upgrade of the Type 9 asset management retail license and the Type 4 investment advisory license in Hong Kong, providing virtual asset management and consulting services to both professional and retail investors. If approved by regulatory authorities in the future, HashKey Capital plans to expand its business line to recommend and distribute private equity funds and derivative instruments related to virtual assets to qualified investors.

In terms of secondary market product layout, in September 2023, HashKey Capital launched its first actively managed virtual asset liquidity fund, marking the gradual emergence of its product landscape in the Web3 asset management field; in January 2024, HashKey Capital, in collaboration with one of the global index industry leaders, FTSE Russell, launched three major indices tracking global digital assets; in April 2024, HashKey Capital partnered with Bosera International to launch the Bosera HashKey Bitcoin ETF (HK.3008) and Ethereum ETF (HK.3009), successfully listing them on the Hong Kong Stock Exchange, bringing virtual assets to the mainstream financial market stage.

The success of the virtual asset spot ETF is inseparable from the ecosystem that continuously empowers it. After six years of unremitting efforts, HashKey Capital has established deep strategic partnerships with traditional financial institutions, sovereign funds, internet companies, well-known family offices, and crypto-native investors while continuously promoting the large-scale application and mainstream market of blockchain technology and virtual assets. Through profound insights into investor needs and cutting-edge understanding of the Web3 industry, the Bosera HashKey Virtual Asset ETF has not only secured its foothold in a fiercely competitive early market but has also achieved steady growth in asset management scale. With the continuous deepening of cooperation and ongoing market development, the Bosera HashKey Virtual Asset ETF will be able to create more value for investors and play a more important role in the global virtual asset field.

In the ecological structure of the Bosera HashKey ETF, Bosera International and HashKey Group's HashKey Exchange serve as two major pillar partners, jointly promoting the product landing and market expansion of the ETF. Bosera International, as an experienced public fund management institution, provides an entry point and channel for traditional investors to access virtual assets. On the other hand, HashKey Exchange, as Hong Kong's first compliant virtual asset trading platform, provides a solid infrastructure for the trading execution and liquidity of the Bosera HashKey Virtual Asset ETF.

In addition, the vigorous development of virtual asset ETFs is also attributed to the active participation and promotion of regulatory authorities and industry leaders. The Hong Kong Stock Exchange (HKEX), the Securities and Futures Commission (SFC), and members of the Hong Kong Legislative Council, such as Mr. Kenneth Leung and Mr. Wu Jiezhuang, have provided valuable guidance and advice for the compliant development of the virtual asset ETF industry.

Looking ahead, HashKey Capital will continue to promote financial innovation, facilitate the compliant development of the Web3 field, provide investors with more diversified investment options, and help the Web3 ecosystem further integrate into the mainstream financial market, achieving broader applications and recognition.

About HashKey Capital

HashKey Capital, as a globally influential crypto asset management company, is at the forefront of the digital asset and blockchain field, dedicated to collaborating with institutions, founders, and talents to promote the long-term development of the blockchain industry.

As one of the largest cryptocurrency funds and one of the earliest investors in Ethereum, HashKey Capital has exceeded 1 billion USD in total assets under management since its establishment. With its outstanding expertise and deep market insights, HashKey Capital now manages a diversified portfolio that includes over 600 leading projects across various fields, including institutional services, infrastructure, data, artificial intelligence, and consumer services/technology.

In addition, HashKey Capital has successfully issued a series of secondary fund products, including an actively managed fund, three virtual asset indices in collaboration with FTSE Russell, and the Bosera HashKey Bitcoin (3008.HK) and Ethereum (3009.HK) spot ETFs listed on the Hong Kong Stock Exchange (HKEX).

With a profound understanding of the blockchain ecosystem, HashKey Capital has successfully built a strong ecological network that closely connects founders, investors, developers, and regulatory authorities.