Aide Financial has become the first batch of securities firms participating in the Ethereum spot ETF in Hong Kong
2024-04-18 13:37:27
The Hong Kong Securities Supervision Commission has previously approved Harvest International to launch the world's first Ethereum spot exchange-traded fund and the first Bitcoin spot exchange-traded fund (ETF) in Asia with conditions and in principle. Ed Securities Futures, a subsidiary of Ed Financial, was appointed as one of the three participating securities firms in the batch of ETFs. Ed Securities Futures was also approved by the Hong Kong Securities Supervision Commission to upgrade its Type 1 regulated activity (securities trading) business license, expand the scope of virtual asset trading services, and provide virtual asset trading and product distribution services for general retail investors. Harvest International's Bitcoin and Ethereum Spot ETFs are new products of leading international financial marekt. Ed Securities Futures, as one of the few participating securities firms in this batch of ETFs, will assist in the creation and redemption of ETF units.
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