ChainCatcher news, according to The Block, Hong Kong financial services company Venture Smart Financial Holdings Ltd. (VSFG) stated that if it successfully launches a spot Bitcoin ETF in the first quarter, it plans to submit a spot Ethereum ETF application in Hong Kong in the second quarter.

ChainCatcher news, according to a report by Jinbao Finance, Value Partners Hong Kong Fund Management Company has signed a memorandum of understanding with Yibo Financial, aiming to provide innovative investment strategies that integrate virtual assets with traditional investment tools for retail and institutional investors. At the same time, these two Hong Kong companies will jointly explore the launch of a Bitcoin spot ETF in the Hong Kong market.

ChainCatcher news, according to Bloomberg, Hong Kong financial services company Venture Smart Financial Holdings Ltd. (VSFG) announced that it plans to apply to the Hong Kong Securities and Futures Commission to launch a direct investment Bitcoin exchange-traded fund (ETF), specifically a spot Bitcoin ETF, in this quarter.The company's Head of Investment and Product Group, Brian Chan, stated, "This is a market with tremendous potential, and our goal is to manage assets reaching $500 million by the end of this year."

ChainCatcher news, asset management company Yibo Financial plans to apply for a Virtual Asset Service Provider (VASP) license from the Hong Kong Securities and Futures Commission, as well as a Type 7 (providing automated trading services) license. At the same time, it is in discussions with several ETF issuers and the Securities and Futures Commission, planning to list its Bitcoin spot fund in the form of an ETF in Hong Kong. (Source link)