Special topic: "the Great moment in the Financial History of Hong Kong"! Spot bitcoin and ethercoin ETF approved
Financial Associated Press, April 30 (Editor Hu Jiarong) Today, Hong Kong's capital market ushered in a historic momentBestvideopokercasinosSpot bitcoin ETF and ethercoin spot ETF appear on the market. As of press time, Bitcoin ETF (03008)Bestvideopokercasinos.HK), Boshi ethernet local currency ETF (03009Bestvideopokercasinos.HK), Castrol Bitcoin (03439.HK), Huaxia Bitcoin (03042.HK), Castrol Ethernet Coin (03179.HK) and Huaxia Ethernet Coin (03046.HK) rose 2.66%, 0.68%, 2.85%, 2.55%, 0.36% and 0.26% respectively.
Note: first day performance of Bitcoin and ethernet ETFs
According to public information, the above six digital currencies spot ETF from Huaxia (Hong Kong), Boshi International, Castrol International these three institutions.
According to the public data of the three virtual currencies ETF, the offering prices of the three institutions are different, with Castrol and Huaxia (Hong Kong) offering prices of US $1, while the initial offering prices of Bitcoin ETF and ethercoin ETF of Boshi International are related to the indices they track, corresponding to the bitcoin and ethercoin values of 110000 and 1000, respectively.
In addition, ETF under Huaxia (Hong Kong) has also set upBestvideopokercasinosThe RMB trading counter provides investors with more choices.
Recently, the United States took the lead in opening up the digital currency ETF.
In fact, the United States approved the listing of spot bitcoin ETF on its exchange earlier this year, long before the opening of the digital currency ETF in the Hong Kong stock market.
These ETF are issued by a number of organizations, including Grayscale, Bitwise, Hashdex, iShares, Valkyrie, Ark 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity and Franklin.
According to relevant data, only about three months after listing, the spot bitcoin ETF in the United States has continued to flow in large amounts, with a scale of nearly $58.9 billion.
The chief Asia-Pacific analyst at Bloomberg industry research ETF previously said that spot bitcoin and Ethernet coin ETF assets in Hong Kong are expected to reach $1 billion under management, but whether this goal can be achieved may depend on the speed of improvement in infrastructure and ecosystem.
Can mainland investors participate in digital currency ETF at present?
For the digital currency ETF, will most investors question whether they can participate in it?
For now, mainland Chinese investors cannot trade these virtual assets ETF, but mainlanders holding Hong Kong identity cards, whether they are Hong Kong permanent residents or not, can also participate in these ETF investments as long as they meet the compliance requirements.
Investors in the Hong Kong market can buy these ETF products after completing the basic K real name certification and successfully passing a knowledge test about cryptocurrencies. By contrast, ETF products in the United States usually have a high threshold for investment, which is limited to professional investors.
